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SOUTHERN SUDAN APPROVES THE LARGEST INFRASTRUCTURE PROJECT IN HISTORY
SOUTHERN SUDAN APPROVES THE LARGEST INFRASTRUCTURE PROJECT IN HISTORY
The Government of Southern Sudan (GOSS) through the Council of Ministers meeting held on the 12th day of February 2010 have unanimously approves the full implementation of the New South Sudan Initiative Housing Project at a cost of 10.1 Billion US Dollars
FOR IMMEDIATE RELEASE
(Free-Press-Release.com) February 13, 2010 --
Juba, Southern Sudan – February 12, 2010 – Five years after the signing of the Comprehensive Peace Agreement (CPA), the country is now geared towards the socio-economic development by which the national hero, the late Dr. John Garang, have envisioned for the people of Southern Sudan. It will introduce 14 modern cities across the country and it will have a total of 147,000 housing units available for the locals.
The approval by the Council of the Ministers shall pave the way for the establishment of the Public-Private Partnership (PPP) Company by which the Government of Southern Sudan represented by the Ministry of Finance & Economic Planning, Abu Malek Companies & Agencies Ltd (AMCA), and UAS-Canada Inc. are the primary incorporators. The PPP Company with executive functions and in coordination with the Ministry of Housing, Physical Planning & Environment of GOSS, shall be mandated to implement the New South Sudan Initiative Housing Project.
“This project will create jobs which will definitely pump the economy of Southern Sudan. The demands for goods and services from the business sectors will increase, other forms of investments will come, the financial market will be stabilized, and at the end of the project cycle the economic capacity of the locals will improve and transfer of technology to the locals will surely happen…” says by Mr. Amando M. Cabana, the Investment Author of the New South Sudan Initiative Housing Project.
More information can be found online at http://www.amcabana.com
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