Tuesday, 23-April-2024 15:51
 
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Economy
Almotamar Net - Launching an Aden landmark investment conference, Prime Minister Ali Muhammad Mujawar said on Wednesday that investment was put on top of the priorities as the government has started to secure an improved and competitive investment climate.

Wednesday, 11-November-2009
Almotamar.net, Saba - Launching an Aden landmark investment conference, Prime Minister Ali Muhammad Mujawar said on Wednesday that investment was put on top of the priorities as the government has started to secure an improved and competitive investment climate.

The government has adopted a series of measures over investment and trade, first and foremost investment law, corporate law, tax and custom laws besides other legislation for boosting transparency and accountability, he said.

All taken were aimed at improving the investment atmosphere through guarantees and trust factors admired by investors, he affirmed.

Moreover, he said in the conference held under the slogan Aden…Yemen's gate to the world, the government has launched the single window system, activating commercial courts, accelerating steps to set up a stock market, setting up and preparing industrial
zones, providing free plots for large investments and engaging the private sector in development and infrastructure projects.

Commenting on the event, Mujawar said the conference provides a typical opportunity to explore investment opportunities across the country after the success of the 2007 investment opportunities exploration conference.

He also highlighted investment legislation and facilities at a time when Yemen is struggling to boost its national economy.

Many regional and international delegations have landed in Yemen for the two-day conference held in Yemen's business capital of Aden.

The meeting would discuss several topics, mainly related to economic and investment. Piracy and maritime security in a region where piracy has soared in recent years would be addressed as well.


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