$250 million allocated to rehabilitate Aden Free Zone [Archives:2006/1010/Local News]

December 25 2006

ADEN, Dec. 23 – Several measures have been taken to restructure Aden Free Zone, including numerous free systems for organization and job description purposes employed at similar zones worldwide, noted Mohammed Hamoud Al-Wadhn, deputy chairman of the Free Zone General Authority and chairman of Aden Free Zone.

He added that such restructuring aims to focus free zone activity on fast services to investors, as well as provide the type of information and data to serve various phases of investment projects.

Al-Wadhn pointed out that $250 million of the funds Yemen received at the London donor's conference will be allocated to support Aden Free Zone to establish development projects, topped by goods and an air cargo village.

Aden governorate is making necessary arrangements to implement a sea bridge connecting Al-Mu'alla Harbor with the Containers Harbor. The sea bridge is part of 12 projects due to be implemented in two phases: the first costing $12 million and the second $15 million.

Mohamed Zamam, general manager of the Port City Development Project, noted that special studies have been conducted regarding implementing the sea bridge project. He indicated that the project aims to help the city of Aden avoid the heavy traffic of containers, which exceed 2,500 daily.