Chinese Investors Await Stability in Sudan Amid Ongoing Civil War
Chinese investors are holding back amid Sudan’s civil unrest but are poised to return for reconstruction efforts once stability is achieved, as indicated by recent diplomatic engagements.
Chinese investments in Sudan are currently on hold due to ongoing civil strife, yet there are plans to reinvest once stability returns. Zheng Xiang, the chargé d’affaires of the Chinese embassy in Sudan, expressed interest in resuming operations to aid in the nation’s reconstruction efforts. This intention follows a pivotal meeting between Sudan’s leader, Abdel-Fattah Al-Burhan, and Chinese President Xi Jinping during the recent Forum on China-Africa Cooperation summit in Beijing.
Sudan has been embroiled in civil conflict, which has created an unstable environment for foreign investment. Chinese companies, prominent players in both infrastructure and energy sectors, have previously invested heavily in Sudan. The current civil unrest has compelled these companies to reassess their operations, but they are actively preparing to return once the situation improves. The bilateral discussions between Chinese and Sudanese officials highlight the importance both nations place on rebuilding Sudan’s economy following the conflict.
In summary, while the civil war in Sudan has delayed Chinese investments, there is significant interest from Chinese companies to re-engage with the country to assist in its recovery. With diplomatic efforts underway and a clear intention to stabilize operations, it is anticipated that, once peace is restored, Sudan will welcome renewed Chinese investment aimed at reconstruction and economic revitalization.
Original Source: www.scmp.com