A new $5 billion infrastructure plan for South Sudan has been put into action following the signature of a partnership and cooperation agreement between Silwana Global Group and AMOC.
Announcing the new comprehensive agreement this month, the Dubai based investment company, and AMOC, based in Juba, South Sudan, agreed to implement the project.
Backed with crucial government funding for regional development, the new project for South Sudan will see $5 billion in local investments. This includes the creation of desalinisation infrastructure for clean water, as well as new road infrastructure, food and agricultural development and communication infrastructure upgrades.
As part of the infrastructure plan, South Sudan will also benefit from renewed investment into projects and services across a variety of sectors including health and IT – helping to boost the economy.
Having prior global expertise in managing complex governmental projects, Silwana Global Group revealed this week that it would be seeking to become one of the world’s leading investment organisations specialised in various industries.
Having investment interests in IT and agriculture, the company has been one of the key players in the United Arab Emirates for several years, forging strong partnerships to bring about new changes in the Middle East and African regions.
Courtesy of Silwana Diamond Channel
At a press conference earlier this month, the group announced it would be strengthening its ties with businesses and organisations in South Sudan. Following on from its successful projects launched in the small African nation of Togo, its ambition is to further develop comprehensive partnerships in the region to help support local infrastructure projects and bring the latest technological solutions to millions of citizens.