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UAE to build Red Sea port in Sudan in $6 billion investment package

UAE To Build Red Sea Port In Sudan In $6 Billion Investment Package

UAE to build Red Sea port in Sudan in $6 billion investment package | Hellenic Shipping News Worldwide

The United Arab Emirates will build a new Red Sea port in Sudan as part of a $6 billion investment package, DAL group chairman Osama Daoud Abdellatif, a partner in the deal, told Reuters. Abdellatif said the package includes a free trade zone, a large agricultural project and an imminent $300 million deposit to Sudan’s .

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