Research On Risk Management Of Sudan Agricultural Investment Project Of W Company

With the deepening of China’s “the Belt and Road”initiative,China Africa cooperation in agricultural investment is expanding.The "dual circulation" strategy envisions the construction of a new development model that promotes mutual promotion between domestic and international aspects,and expands the scale of agricultural investment by Chinese enterprises in Africa at a deeper level.This paper takes the Sudan agricultural investment project of W Company as the research object,uses the fuzzy comprehensive evaluation method and the analytic hierarchy process to comprehensively analyze and study the project risk management according to the order of risk identification,risk analysis,risk evaluation and risk response,and proposes corresponding countermeasures for various risks faced by the project.A review of relevant literature in this field indicates that China’s research on agricultural investment in Sudan is still in the research and development stage and has not yet formed a systematic approach.The focus of national research is on the investment environment and risk avoidance in agriculture.Foreign literature has studied the development status and prospects of agriculture,as well as the characteristics of the markets in China and Sudan.Due to the limitations of the company’s operation mode,investment evaluation system,investment performance and reference experience,most investments are characterized by investments in cash crop and production links,mainly for traditional agricultural countries.In view of the new international political and economic situation,especially the COVID-19 epidemic,foreign investment in agricultural projects will face more risk factors.Considering that the company also faces a large amount of uncertain information,in order to help the company avoid the risks it faces when investing overseas and protect the interests of investors as much as possible,this article starts from the current situation of W Company’s Sudan agricultural investment project and summarizes issues such as untimely identification of project risk factors,non-standard risk assessment process,and unspecified risk response strategies.Combining the shortcomings of the theoretical research mentioned above with the mistakes in practical management,the initial risk list was optimized using a questionnaire survey method,and 17 risk factors that were in line with W Company’s Sudan agricultural investment project were obtained.In addition,the specific risks of the project were comprehensively evaluated using the risk matrix method.Through systematic analysis,propose effective measures to reduce the bidding risk of the project.This article mainly uses Analytic Hierarchy Process and Fuzzy Comprehensive Evaluation to identify risk factors,in order to determine the weight and classification of risk indicators.According to the research,the degree of political stability,policy change factors,commercial relations between the project country and China,and the degree of legislative perfection in the Sudan agricultural investment project of W Company are all affected,which is a five-level risk;The influence of the quality of managers is the second,and the fourth level risk;Financial development,favorable legal provisions,provisions to be avoided,land lease,farmland facilities,equipment maintenance and update,and project operation conditions have a great impact,which is a three-level risk;Market conditions,trade and transportation conditions,cost operation conditions and natural disasters have certain impact,which is a secondary risk;The impact of industry development level is small,and it is a level 1 risk.Finally,the paper puts forward relevant suggestions to deal with the above risks,which will help W Company to avoid risks in the Sudan agricultural investment project and optimize the company’s risk management system.The paper provides a clear reference for the risk management of other overseas agricultural investment projects,and enriches the research of foreign project risk management in this scope from the theoretical level.