Business in brief [Archives:2006/931/Business & Economy]

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March 23 2006

Yemeni Minister of Agriculture and Irrigation Dr. Jalal Faqiera recently discussed with UAE Minister of Environment and Water Mohammed Saeed Al-Kindi activating joint agreements and memoranda of understanding concluded by the two sides and including them in an executive program.

The meeting reviewed the two countries' experiments in agricultural marketing through building specialized companies. The two parties also dealt with laws regulating the two countries' importation processes, agricultural insecticide and fertilizer use, saline water irrigation in secondary agriculture, as well as growing palm trees and benefiting from the Emirates' palm tree disease fighting experiment.

Yemeni Minister of Water and Environment Abdulrahman Fadhl Al-Iryani discussed with his Emirates counterpart Al-Kindi cooperation in water and environment fields and ways to boost it. The two men agreed on the two countries' cooperation in halting Socotra island coral rock exportation under a world agreement banning trade of animal and botanic fungus species threatened with extinction.

Aden's Port Authority has finalized studies and designs for building a new seaport in Al-Thabba area in Hadramout governorate instead of in Broum area. The new port is estimated at more than $200 million.

Ahmed Muthana Al-Ammari, Aden port director of statistics and planning, said the project includes building a 1,080-meter long and 10-meter deep platform and a 2,100-meter long wave barrier, in addition to other facilities, pointing out that the project will contribute to easing current pressure on Khalaf port.

Al-Ammari added that studies included building a seaport in the Khalfout area in Mahara governorate with a 180-meter long and 10-meter deep platform and a 1,154-meter long wave barrier.

President Ali Abdullah Saleh inaugurated the Dutch-supported water projects program in the countryside for 2005-2006. The project cost amounted to YR 1.5 million. Approximately 235 people from Taiz, Hodeidah, Ibb, Abyan and Hajjah governorates will benefit from the project's services.
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