Abdellatif said the package includes a free trade zone, a large agricultural project and an imminent US$300 million deposit to Sudan's central bank, which would be the first such deposit since an October military takeover.
Located about 200 km north of Port Sudan, it would also include a free trade and industrial zone modelled after Dubai's Jebel Ali, as well as a small international airport, he said. The UAE deal also includes the US$1.6 billion expansion and development of an agricultural project by Abu Dhabi conglomerate IHC and DAL Agriculture in the town of Abu Hamad in northern Sudan, Abdellatif said.
Abdellatif said the agreement was reached initially in July 2021, under a civilian-led transitional government. Representatives for ADQ, the Abu Dhabi Fund, IHC, and the Abu Dhabi and UAE governments did not immediately respond to requests for comment.
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