Looking to put commercial exchange over $100 million High-ranking Indonesians in Aden [Archives:2002/52/Reportage]

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December 23 2002

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In an effort to look for ways to invest in Yemen, a 60-member Indonesian delegation visited Aden Dec. 19 .
It was headed by Miss Dieh Meulide Deputy Minister of Trade and Industry, and also included 15 government officials, and 45 business officials from 25 Indonesian companies.
The group visited the Yemen Company for Flour Mills and Silos where Nashwan Ali Mohammed Saeed, general manager of the company, presented a demonstration about the structure and activities of the company, and the wheat it produces and exports to neighboring countries.
Meulide expressed her admiration about the company.
The delegation also visited the Aden Free Zone (AFZ), welcomed by Dirhim No’man Chairman of AFZ and a number of PSA directors.
There, the delegation was introduced to the AFZ project and the Aden Terminal Containers (ATC). They were presented with a detailed explanation of investment opportunities in the AFZ and the facilities provided for investors.
It also took a tour through the city as a whole where they saw the different tourist attractions in Aden. Several members said they were impressed with the old Yemeni civilization carried to Indonesia by Yemeni ancestors whether in architecture, culture or original Yemeni Arts.
Iqbal Bahader Under Secretary of Trade and Industry, Ahmed Hayel Saeed vice-president of Hayel Saeed An’am Group, Abdul Wasa’e Hayel Saeed An’am, Rashad Hayel Saeed An’am regional manager of Hayel Saeed An’am Group in Aden and a number of political personalities in the province received the group.
The delegation was also met by Taha Ghanim Governor or Aden and Mansoor Abdu-Jaleel Governor of Lahj.
In a lunch celebration Ahmed Hayel Saeed chairman of the Chamber of Commerce in Taiz, delivered a speech on behalf of the private sector in which he praised the commercial relations between the two countries.
He pointed that the primary purpose of the delegation’s visit was to seek investment opportunities in the country, as well as to witness the development and improvement which Yemen has achieved.
Meulide accented the historical and commercial links between the two countries. She also emphasized the necessity of expanding commercial exchange between Yemen and Indonesia from $88 million to reach more than $100 million.
Meulide indicated that it is important to strengthen and boost the commercial and industrial relations and cooperation between businessmen from both Yemen and Indonesia and to seek new opportunities for cooperation in the future.
She added she was pleased with the development projects taking place now and the potential investment projects in the future, and Meulide confirmed the desire of many Indonesian as well as Yemeni businessmen to carry out combined projects to mutually serve the two countries, viewing Aden as a port through which Indonesian products could be promoted to the rest of the world.
Commercial exchange between the two countries is expected to top $120 million by the end of this year.
The rate of Yemeni exports is rapidly increasing as well. Hale Saeed An’am Group was the first that took the initiative in opening commercial cooperation between Indonesia and Yemen.
This led to the signing many oil and mineral agreements, bringing relations between the two countries to a higher level.


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