South Sudan and Turkey have agreed to improve investment opportunities in the country.
The Minister of Investment, Dhieu Mathok Diing, met with the Turkish Ambassador, Erdem Mutaf, in Juba to discuss the opportunities to actualise the investment plans.
Mr Mathok told the media that their discussions focused on bilateral relations, promotions and raising the standard of the investment sector in South Sudan.
“Today’s meeting mostly centred on the ways in which we can promote investment in the country and also look into whether the condition of one stock show can be improved,” he said.
He described their meeting as a crucial unity that would enable them to set the country’s investors in a very dignified manner, putting them all at the same stock-shop.
Mathok reiterated that the meeting was an opportunity for the investment community to create dialogue and compensation with the ministry of investment so that the ministry can accommodate the investors’ concerns.
“Especially if there are some articles that they feel are hindering investment in the country, we are open to discussing them with the investors,” he said
“And also, how South Sudan can benefit from the best practises in investment. As you know, Turkey is one of the best countries when it comes to investment,” Mathok added.
He said the proposed collaboration would provide South Sudanese with equal opportunities and experience as the Turkish people.
Amb Mutaf said such a bilateral discussion would provide many avenues for foreign investors to know which areas to target.
“We exchanged views, especially after I briefed him about the potential areas where Turkish investors have shown interest in South Sudan,” Mutaf said.
He said they were able to share their experience in investment sectors, adding that they agreed to continue discussing and meet again in due time.
“We also talked about creating a conducive environment for foreign investors in the country. Of course, how to create a legal framework is of utmost importance for foreign investors, ” he said.
“I explained the practices of investment in Turkey, which I believe are different from those of South Sudan.” For instance, if one wants to establish a company in Turkey, it takes around 20 minutes, while in South Sudan, it takes quite a long time,” he added.