One of Sudan’s biggest military firms could be eventually converting to a public shareholding company, the top official said on Wednesday, Reuters said.
In Sudan, the spin-off of Defense Industrial Systems’ civilian business could help reduce tension between the transitional authority’s civilian and military elements, which are sharing power until the end of 2023.
According to the information minister Hamza Balol, this is a new partnership between the military and civilian components that produced the great December revolution.
In the African nation, many civilian politicians view the military’s opaque business activities as inappropriate and complain that its profits are not included in the treasury.
Information minister in his reference to the ousting of ex-President Omar al-Bashir said that the company’s manufacturing complex could work on the outskirts of Khartoum.
On Wednesday, the company issued a rare invitation to civilians to tour its facilities.
Sudan’s military should contribute more to the national economy
Since the time when the former national leader al-Bashir was ousted, the country’s military has been under domestic and international pressure. According to the UN and other organizations, Sudan should increase its transparency and contribute more to the national economy.
The company has yet to release its finances or disclose its holdings to the public. In fact, many other large enterprises owned by the military did so.
despite all efforts, the Sudanese public will now be able to benefit from this company, said the finance minister, citing its work in the petroleum, railway and agricultural industries.
“It is important for the company to explain to the people what it does and what it owns and what it hopes to achieve,” he added.
