ECONOMIC ZONE
(JUBA)-Juba Special Economic Zone (JSEZ) on Tuesday hosted a delegation of international investors from U.S.-based Global Trading Commodities (GTC) LLC as South Sudan pushes forward plans to operationalize the economic zone and attract foreign investment.
The delegation was received at the JSEZ headquarters in Juba by Commissioner General Aggrey Cyrus Kanyikwa and senior officials in a high-level introductory meeting aimed at advancing investment partnerships and accelerating the establishment of the special economic zone.
The investors were introduced by JSEZ consultant Thomas Muto Lo’Buda, who has been engaging international partners to support the development of the zone.
During the meeting, Kanyikwa praised Lo’Buda’s efforts in attracting strategic investors and reaffirmed the economic zone’s commitment to creating an enabling environment for investment.
He said the leadership of the JSEZ is prepared to support partnerships that contribute to economic transformation, industrial growth and sustainable development in South Sudan.
The GTC delegation was led by Martin Chitsama, who said the company is interested in supporting South Sudan’s economic development agenda through investment, trade facilitation and strategic collaboration.
Chitsama welcomed the opportunity to engage with JSEZ officials and expressed appreciation for what he described as the leadership’s openness to working with private-sector stakeholders.
Discussions focused on key steps needed to operationalize the economic zone, including the enactment of the Juba Special Economic Zone Act, feasibility and viability studies, and the development of a comprehensive master plan to guide the zone’s establishment and future growth.
The two sides also discussed potential frameworks for investment cooperation and mechanisms to support the timely implementation of the project.
Officials said both parties expressed optimism about future collaboration and agreed on the need to establish a formal working framework to coordinate efforts toward operationalizing the Juba Special Economic Zone within a targeted timeline of 90 days.
The Juba Special Economic Zone is part of South Sudan’s efforts to attract foreign direct investment, promote industrialization, facilitate trade and create employment opportunities as the country seeks to diversify its economy beyond oil revenues.
Once operational, the zone is expected to serve as a hub for manufacturing, logistics and commercial activities aimed at boosting economic growth and regional trade competitiveness.
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