Investors of the investors [Archives:2003/651/Opinion]

Ali Mohammed Al-Sulaimani
Yemen Times, Aden
While investment has become a worldwide strategic aim of the holistic development movement Yemen still repeats its cracked tape, welcoming investors, holding seminars and conference and explaining the merits of the investment law and the Free Zone laws in Aden…etc.
All this is important but the more important is to provide attractive incentives for investment, because he capital is not as said; coward, it is rather smart and aware of the course to follow, just like mountain water heading its way into the sea. And although there are various investment opportunities in Yemen yet stockbrokers, middlemen and monopoly problems hold them back. This is because the system in this country is to put all strings in one man's hands in a specific field and hence nothing moves forward without him. This leads to bribery and corruption and other relevant things. The strange thing is that the American ambassador to Sana'a Edmund Hull said something interesting regarding this as he said: ''No development without security and no security without investment'' which is true, came in our holy book Quran 1424 years ago in Quraish Chapter when it linked safety to nutrition. Yes we cannot talk about development and investment in isolation from honest modern management and providing security and social insurance for employees and their families, protecting them from corruption and injustice. Unless a healthy environment is supported where credibility and qualifications are the criteria, this country will remain deprived of investors and investment. It is not enough to brag about some not implemented laws of buried opportunities. It is for the country's sake that serious measures are taken to stop this chaos, stop the authorities from offending willing investors and investing on the investors, else our road to investment is really going to need to take a very long distance.
——
[archive-e:651-v:13-y:2003-d:2003-07-17-p:opinion]