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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: Tomas who wrote (2677)	7/31/2001 8:56:44 PM
From: Tomas	Read Replies (1) of 2742

Sudan seeks Gulf investors for infrastructure developments Technical Review Middle East, July 31 Negotiations are underway between Sudanese officials and Gulf countries concerning their participation in infrastructure projects in Sudan. The Sudanese government is also offering two additional oil concessions, taking the number of consortia to five by the end of this year. Gulf companies expected to participate actively in the bids, said Sudan's Minister of Industry & Investment, Dr Abdel Halim Al Mutafi. "We have identified power, roads, railways and Nile transport for private sector participation. We have had indications of interest from Saudi Arabia, the UAE and Malaysia," said Al Mutafi. Negotiations are continuing with financial institutions in the Gulf to participate in the Marawi dam project, which will generate 1,200 MW and have an irrigation network. "The Arab Fund for Reconstruction, and those from Abu Dhabi, Saudi Arabia and Kuwait are once again interested in participating in projects in Sudan There are also serious negotiations with Malaysian and Japanese companies," he added.

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