Sudan Development Corporation was the leading investment finance institution in the country incorporated in 1974 with a paid up capital of US$200 million, An Autonomous Corporation financially independent, wholly owned by the Sudanese Government.
The Main Objectives Are:
To identify, evaluate and implement technically feasible, economically sound and commercially value joint venture projects between Sudanese and foreign technical and financial parties with emphasis on sound development projects in the agricultural, agri – business and industrial sectors.To act as a catalyst by combining in the joint venture projects local funds and entrepreneurship will appropriate technology and finance from foreign and Arab sources.
- Equity Investment
- Projects (for examples)
- Kenana Sugar Co.
- Cotton Textile Mills
- Nile Cement Co.
- Sudan airways Co.
- Gezira Managil Textile Co.
- Investment in Financial and Development Institution
- Banque Arabe Et international and DEV. institution
- Faisal Islamic Bank.
- Ariab Inv. Co.
- Loans for Projects and Investments (For only)
- Gezira managil Textile Co.
- Sudanese Milling System Co.
- Sudan Rural Development Co.
- Diary Product Co.
- Sudanese Chemicals ind. Co.
- Direct Investment Movable Contracts
- El Ahlia flour mills Co.
- Bahri Asbestos Co.
- Khartoum Diary products Co.
- Sudanese Tractors Co.
- International Relations
SDC has a wide range of investment cooperation agreements as with:
- International Finance Corporation (IFC)
- Commonwealth Development Corporation (CDC)
- Netherlands Finance Company (FMO)
- Danish Industrialization Fund (IFU)
- Swedfund (SF)
- Association Of African Development Finance Institutions (AADFI)
- Association Of National Development Institutions In Member
- Countries Of The Islamic Development Bank (ADFIMI) Centre For The Development Of Enterprise (CDE)
- Swiss Organization For Facilitating Investments (SOFI)