Business | Markets

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
  • Gulf News

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.

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