Almotamar.net - The final statement issued Monday by the Investment Opportunities Exploration in Yemen Conference (IOEYC) affirms that during the meetings of the two-day conference the conferees signed many agreements, among them the agreements of the free zone, building hotels and others related to minerals in addition to an agreement on a company for internal transport and others.

The statement referred to confirmation of the Yemeni government's commitments to providing convenient investment environment and work to tackle all problems that face investors and adoption of one-window system for investments to facilitate the process of investment.

According to the statement the total number of participants amounted to 1200 participants, among them 460 investors

Text of the closing statement:

Under the auspices of president Ali Abdullah Saleh the conference of exploring investment opportunities in Yemen was held in the cap [ital Sana'a on the 22-23 of April 2006. the president of the republic inaugurated the meetings of the conference and opened the conference under invitation of the investors whose number amounted to 460 investors from the Gulf and the total attendees was 1200 participants.

In his address the president called on the investors to use the available investment opportunities which were 100 in all sectors.

His Excellency the president directed the Yemeni government to work for enhancing investment environment, prevention of interferences and concentration on the one-window for investment via the Public Authority for Investment.
His Excellency affirmed the government readiness to reconsider the laws and legislations in a way making them more responsive to investors requirements.

The Secretary-General of the Gulf Cooperation Council Abdulrahman bin Hamad al-Attiyah a speech at the opening session in which he confirmed support of the GCC states for Yemen's march in development and attraction of Gulf investments.

During the two days of the conference seven working sessions were held. The sessions discussed all the opportunities in the promising sectors including the importance of developing the financial sector in Yemen. Also during the two days there has been signing of a number of agreements, the more important what we have seen today, the agreement of the free zone and also many hotels as well as a number of agreements on mining in addition to the internal transport company.

The conference was concluded today with an open dialogue with Dr Ali Mohammed Mujawar the Prime Minister and the government's economic team. He answered during it questions of the participants and reaffirmed his government's commitment to provide convenient investment environment and to work on treating al problems that encounter the investors.

Source Saba