KDN PROPOSAL AT YEMEN CABINET TODAY

SANA'A, Feb. 20 (Saba) - A team from the Korea Electric Power Data Network Company (KDN) will offer later today a proposal to the Yemeni Cabinet for Yemen Electronic Government.

KDN vice chairman, Man Sul Beo, said to Saba that the visit came in reply to the invitation of the Cabinet Secretary General, Abdul Hafedh al-Semah, to get acquainted with the company proposal for the project which should adapt with Yemen's nature.

In case of the Yemeni side agrees the proposal the Korean side would implement and finance the project by $ 150mln offered as a long-term loan, he said.

He affirmed that Yemen wishes for conveying the Korean experience of economy development to the country and increasing the Korean investment in various fields such as petroleum, electric power, electronics, and real estate.

On the visit, the Yemeni-Korean friendship association would be announced to support Korean investment in Yemen, he said.

FR