The minister of investment in the government of National unity said investing in south Sudan will be a challenge due to lack of infrastructure.
Talking to SCR News, Professor George Nyombe said the lack of roads, electricity, legal structures among others make South Sudan less attractive to invest in.He added his government is working closely with the government of South Sudan to ensure that some institutions and policies are put in place to enable investors to operate legally until some laws are agreed upon.
Professor Nyombe added that the private sector is a challenge in the whole Sudan due to lack of capital and trained human resources.
He appealed to the government to use oil money to develop other areas of the economy.
Professor Nyombe mentioned livestock and agriculture as areas that need development since most South Sudanese are pastoralists and agriculturists.
Officials have on several occasions’ denounced insecurity and multi-taxations as some of the main challenges hindering investment in south Sudan.