Investment Licenses in Aden Issued [Archives:2000/36/Local News]

September 4 2000

Aden Chamber of Commerce and Industry concluded last Thursday a week of activities including discussions of various issues related to trade, investment, significance of small enterprises, Yemen’s strategic vision in 2025, etc. A seminar on the Arab investment experience in Yemen was also organized as part of the Chamber’s celebration of the 114th anniversary of its establishment.
Speeches highlighting the importance of investment in Aden, facilities Arab and foreign investors enjoy and current investment program and projects in Aden were made by Mr. Mohammed Omar Bamashmos, chairman of ACCI, Mr. Abdulkareem Mateer, Director general of the General Investment Authority and Dirhem Abdu Noman, chairman of the Aden Free Zone. Speeches pointed out that 336 licenses for investment projects at the cost of YRs 542 billion had been issued since March 1992. More details next week.