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:
“Even the poor student studies and is taught only political economy, while that economy of living which is synonymous with philosophy is not even sincerely professed in our colleges. The consequence is, that while he is reading Adam Smith, Ricardo, and Say, he runs his father in debt irretrievably.”
—Henry David Thoreau (1817–1862)
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