1st conference on investment & human development [Archives:2006/943/Local News]

SANA'A, May 3 ) The First Conference on Investment & Human Development is scheduled to convene in Sana'a on 27-29 May 2006. The conference is to be held for the first time under an initiative by the Yemeni private sector and aims at establishment of a new economic stage in both sectors of investment and human development.

The aim is also to prepare investment climate and environment leading to attraction of Arab and foreign capital and preservation of domestic capital. Many local and regional parties have confirmed their attending of the conference organized by the ministry of industry that assigned its implementation to the Gobari Investment Group and under the sponsor of many economic personalities and trading houses in Yemen.

Sources close to the conference have affirmed that the event would be a start that would contribute in few next years to the establishment of joint huge investment projects with contribution of Yemeni and foreign capital. In addition, the conference would discuss many issues related to investment affairs and the role that could be played by government institutions in Yemen to facilitate measures and legislations taken with the aim of providing protection for the investor.

The conference is also scheduled to approve recommendations that would help enter Yemen inside the world competition as among the countries of more attracting of investment. The conference would also honor many local, Arab and international economic personalities.
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