أثر المناخ الاستثماري فى جذب المستثمرين الأجانب فى السودان (2000-2005)

Abstract

This thesis comes as an attempt to understand the impact of investment environment in attracting foreign investors into Sudanese private sector. The thesis looks at the atmosphere on which investors rely in administering their investment in Sudan. The service, industrial and the agricultural sectors are considered the most attractive sector for investors in Sudan due to their low risks and availability of favorable environment. The methodology used in the study of this research is the descriptive, statistical and the analytical methods. This was done in an attempt to draw a clear picture about investment in Sudan and to understand its concepts, types and effects on a range of variables such as the volume of capital, balance of payment, labor, income and wealth distribution, technological advancement, legal as well as political advancements, managerial, and economic frameworks on which investors rely. This thesis also explores investment sectors in Sudan and the ways and means of their promotion and enhancement. The research problem is that the investment climate in Sudan is not conducive for attracting foreign investment, specifically reflecting on the laws and regulations that govern the operation of the local and foreign investment. They do not attract or encourage foreign investors to invest because of their negative and restrictive nature. The study reached a number of conclusions: • Investment is the main mover of economic activities because of its direct relationship with capital formation, and the increase of capacity of the national economy, for purposes of production, renovation, and development. • Direct foreign investment is a source for obtaining foreign capital, which represents a basic pillar for any development program in host countries; a source of modern and developed technology transfer to host countries, and the creation of new relations with businessmen and with their mother states. Hence the amendment of this laws and regulations would encourage foreign investment. Mean while the exploration of oil in Sudan and its coincidence with the rise in oil prices led to neglect of structural problems in the agricultural sectors both plant and animal production. The research came up with the following recommendations: • The treatment of all aspects of deficiency and the removal of all obstacles which hinder the investment, generally and foreign investment in particular, • The completion of the unified window system to absorb the remaining related ministries. • Conducting more reforms in the legal and procedural systems for the private sector to be more transparent. Framework of general reform of the economy, for the purpose of developing the economic environment and make it more conducive for local and foreign investment