Monday, 20-November-2017 23:52
 
no comments in "Economy"
Economy
Almotamar Net - A memorandum of understanding between NATCO Company, one of Hayel Saeed Anam Group and the Malaysian National Company for Electricity (Tenaga) has been signed in the Malaysian capital Kuala Lumpur on Wednesday for investment in electric power in Yemen.

Thursday, 09-December-2010
Almotamar.net - A memorandum of understanding between NATCO Company, one of Hayel Saeed Anam Group and the Malaysian National Company for Electricity (Tenaga) has been signed in the Malaysian capital Kuala Lumpur on Wednesday for investment in electric power in Yemen.

The NATCO was represented by the Regional Manager of Pacific Interlink Co. of Hayel Saeed Group in Malaysia and for the Malaysian side represented by the Executive Chairman of the Tenaga Nasional Berhad for Electricity (TNB). The signing ceremony was attended by the Yemeni ambassador to Malaysia and the Malaysian ambassador to Yemen in addition to Chairman of Tenaga Company.

The regional manager of Pacific Interlink has affirmed keenness of NATCO Company on benefiting from the Malaysian experience in power generation and the intention of transferring it to Yemen through entering investment partnership projects for the development of electric power system in Yemen due to Yemen’s present suffering from shortage in power generation. He added that the agreement came as a result of a visit of Tenaga company delegation to Yemen on 9 November 2010 to explore opportunities for investment in the area of power with the Yemeni private sector.

For his part, the Chairman of Tenaga Company welcomed the expansion of his company’s investments to Yemen due to the many attractive investment opportunities in power generation field. He added that signing the memorandum of understanding with NATCO exceeds the agreement between the two companies to become partnership relation between Yemen and Malaysia.

He has also praised the reputation of the Group of Hayel Saeed Anam at the local and international levels and that would be reflected on developing the relation of partnership with Tenaga Company to broader horizons.

More from "Economy"

Other titles:
Tuesday, 17-October-2017
The United Arab Emirates acknowledged on Tuesday that two of its pilots were killed when their military aggression plane crashed over Jawf province, a military official said

The official added that the aggressive crashed plane was an apache that was
Tuesday, 17-October-2017
Three citizens were killed and four others wounded in two Saudi air strikes hit Majza district of Saada province, an official said on Tuesday.

The strikes hit a citizen's car in al-Jamalah area in the district, the official added.
Tuesday, 17-October-2017
Artillery of the army and popular shelled a gathering of Saudi-paid mercenaries in al-Moqadra area in Serwah district of Marib province, a military official said on Tuesday.

Meanwhile, dozens of Saudi-paid mercenaries were killed and others injured in Wadi al-Theek in the district, the official added.
Monday, 16-October-2017
The army and popular forces carried out on Monday unique military operations in Taiz province.

A military official said that a number of Saudi-paid mercenaries were killed at the hands of the army and popular forces in al-Jazami Hill in al-Kadaha area in al-Ma'afer district.
Monday, 16-October-2017
A Saudi aggression fighter jet targeted a citizen's car driving in Fara area of Kutaf district in Saada province overnight, killing the driver and injuring his friend, a security official said on Monday.
Monday, 16-October-2017
The army artillery and popular committees launched a fierce attack on Saudi-paid mercenaries' sites in Jawf province, a military official said on Monday.

The attack destroyed a military vehicle belonging to the mercenaries and killed all on board in Sabran area in khab and shaaf district.
Sunday, 15-October-2017
Scores of Saudi enemy soldiers were killed and injured on Sunday when the army and popular forces repelled a Saudi military attempt to sneak into Shurfah site in the border province of Najran, a military official said.

The operation was accomplished successfully against the Saudi
Sunday, 15-October-2017
The army and popular committees have killed a total of 18 Saudi-paid mercenaries in sniper operations over the past hours in the central province of Marib, a military official said on Sunday.

Ten mercenaries were killed in Nehm district and eight others were killed in Serwah district, said the official.
Saturday, 14-October-2017
Saudi aggression warplanes have launched more than 49 airstrikes over the past hours on several residential areas across Yemen, a security official said on Sunday.
The airstrikes targeted the areas of Malahiz and Husama in Dhahir district, and areas Thuban, Masahif and Sdad in Bakim district of northern Saada province.
Thursday, 12-October-2017
The army and popular forces carried out an operation attack on Saudi-paid mercenaries' sites in al-Hawal area in Nehm district.

A local official said that the operation attack resulted in killing and injuring mercenaries, adding they also incurred heavy losses at their ranks

who we are     |    Advertising     |    contact us
All rights reserved © Almotamar Net, Developed by