Attariq [Archives:2005/874/Press Review]

30 Aug.2005
Main headlines

– Part of trying the accused of forming “Sana'a Cell” by Believing Youth, The court decides arrest of the accused Intisar al-Siyanni

– Results of basic and secondary schools

– Two French companies win contracts of buying liquefied gas

– Crimes of killing and stealing rose 21% in previous years

– King Abdullah of KSA offers SR 1.5 million to fight polio in Yemen

– Hadramout workers demand to work for oil companies

– Proportion of the infected with dengue increase in Shabwa

– Investigations continue into killing of a cashier in Lahj

– Documents disclose forgery in official letters concerning state real estates

In its back page column “Stop” the newspaper discusses the question of investment saying recently talks about investments have become much. People have begun repeating the word of investment and about existence of a genuine willingness I the question of attracting Arab and foreign capitals into the country. Besides, there is the talk about knowing about the actual reasons for the phenomenon of disinclination of large number of national capitalists from investment inside, preferring the investment abroad.

We would not bring something new if we say that many national investors view the question of building a factory, or establishment of a project or entering in partnership with a foreign investment in any part of the world, would bring hem bigger gains and returns under big facilities and incentives, but, as they see it, they would achieve half or quarter of profits and gains in case they tried to use their money in investments inside the county.

This matter makes it imperative on the all Yemeni concerned and in charge apparatuses to accelerate their serious steps and follow sound and proper plans and ways guaranteeing the proof contrary to that belief and to prove precedence of investment inside over abroad. The time the authorities and executive machinery in every governorate realize their responsibilities and become aware of the nature of their tasks out of keenness and consciousness, and put practically the interest of the homeland in the first place, and provided all facilities for the national investor, then that investor would prefer inside his country. He would not, after that, be compelled to escape with his capitals to other countries and parts of the world.
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