Khartoum - Economy

Economy

After the signing of the historic Comprehensive Peace Agreement between the government of Sudan and the Sudan People's Liberation Movement (SPLA), the Government of Sudan has begun a massive development project. In 2007, the biggest projects in Khartoum were the Al-Mogran Development Project, two five-star hotels, a new airport, Mac Nimir Bridge (finished in October 2007) and the Tuti Bridge that links Khartoum to Tuti Island.

In the 21st century, Khartoum has developed based on Sudan's oil wealth. The center of the city has tree-lined streets. Khartoum has the highest concentration of economic activity in the country. This has changed as major economic developments take place in other parts of the country, like oil exploration in the South, the Giad Industrial Complex in Al Jazirah state and White Nile Sugar Project in Central Sudan, and the Merowe Dam in the North.

Among the city's industries are printing, glass manufacturing, food processing, and textiles. Petroleum products are now produced in the far north of Khartoum state, providing fuel and jobs for the city. One of Sudan's largest refineries is located in northern Khartoum.

Read more about this topic:  Khartoum

Famous quotes containing the word economy:

    Everyone is always in favour of general economy and particular expenditure.
    Anthony, Sir Eden (1897–1977)

    Quidquid luce fuit tenebris agit: but also the other way around. What we experience in dreams, so long as we experience it frequently, is in the end just as much a part of the total economy of our soul as anything we “really” experience: because of it we are richer or poorer, are sensitive to one need more or less, and are eventually guided a little by our dream-habits in broad daylight and even in the most cheerful moments occupying our waking spirit.
    Friedrich Nietzsche (1844–1900)

    Cities need old buildings so badly it is probably impossible for vigorous streets and districts to grow without them.... for really new ideas of any kind—no matter how ultimately profitable or otherwise successful some of them might prove to be—there is no leeway for such chancy trial, error and experimentation in the high-overhead economy of new construction. Old ideas can sometimes use new buildings. New ideas must use old buildings.
    Jane Jacobs (b. 1916)