Gms: Khartoum, June23 (SUNA)

An initial loan contract of 90 million dollars for establishment of Africa Technological City, affiliated to the Ministry of Science and Technology, was signed Tuesday at the headquarters of the city in its permanent residence in Eastern of the Nile locality, with the Chinese NANTONG Company

The loan is a long-term one provided by the Bank of China for Exports and Imports

The agreement was signed by Dr. Hassab Al-Rasoul the Deputy General Director and Director of projects in the city

Meanwhile, Chairman of the company and head of the delegation signed for the company

In his speech during the signing ceremony, Dr. Hassab Al-Rasoul lauded China efforts in boosting the building and development process in Sudan and the stances of the Government and people of China in supporting Sudan at the international forums

Meanwhile, head of the Chinese NANTONG company appreciated the deeply rooted Sudanese – Chinese relations, and the resolution of the two countries to boost further the cooperation between them in all domains to meet the aspirations of the two friendly peoples