almotamar.net - A Saudi company intends to build two big housing and trading towers in the Yemeni capital Sana'a at a cost of $ 150 million, said the Suadi Investment Group. The company said the two towers will be great landmarks in Yemen.

The Saudi Iqtisadiya said a delegation from the company will visit Yemen in two weeks to discuss the executive procedures for building investment projects.
Head of Middle East Development Company Tareq bin Laden had earlier announced the desire of his company to invest in Yemen with building a full economic city including industrial and educational centers, business centers, a hotel, recreational facilities, conference center a tourist center in addition to a wharf and airport. The city that will be prepared to receive large number of tourists visiting Yemen as well as employment of large number of Yemeni labour.

That comes as a result of efforts of the Yemeni government in promoting Yemen as an investment environment and as a support for the Yemeni economy.