Business | Markets
Channel Sponsor
Bin Omeir plans $300m sugar plant in Sudan
Bin Omeir Holding, an Abu Dhabi-based private investment group, is considering investing $300 million to build a sugar refinery in Sudan and may plan further projects in the country, a Sudanese embassy official said on Wednesday.
- Agencies
- Published: 00:30 September 12, 2008
Abu Dhabi: Bin Omeir Holding, an Abu Dhabi-based private investment group, is considering investing $300 million to build a sugar refinery in Sudan and may plan further projects in the country, a Sudanese embassy official said on Wednesday.
The plant would produce 100,000 tonnes of sugar and 20 million litres of ethanol a year in the White Nile province of Sudan, said Nour Al Huda Abdul Alim, economic adviser at the Sudanese embassy in Abu Dhabi.
A company official who asked not to be named confirmed the report, without giving details.
Bin Omeir Holding, a large family-owned business group based in Abu Dhabi, has investments in automobile dealerships, tourism, export and import, financial sector and other businesses.
"They are planning to expand their investments there in the future," Abdul Alim said.
Share this article
More from Markets
More from Business
Popular in Business
-
Budget travel
Airlines in the region
Take a pictorial look at some of the budget airlines in GCC
Business Editor's choice
-
Cafe Nero's premium coffee blends
UK chain plans to open 50 outlets in region following UAE launch
-
Emirates to fly direct to Tokyo
Airline considers code-share deal with JAL after adding second destination in Japan
-
Work on world's longest sea crossing
The proposed Qatar-Bahrain causeway project is estimated to cost Dh9.9 billion
