Government allocates YR 216 million for bordering industrial zones'

SANA'A, Aug. 04 (Saba)-Government represented by Ministry of
Industry and Trade has allocated nearly YR 216 million for carrying
out road networks in two industrial zones located in border areas
with neighboring countries.

General Director of Industrial Zones in the ministry Saleh
Assanabani stated that this sum has been allocated in the frame work
of government's efforts for carrying out road networks in industrial
zone in Attewal outlet with Saudi Arabia and border Shahn outlet
with Oman.

He noted that this project, due to be accomplished on the end of
2008, is a part of infrastructure of these two industrial zones,
clarifying that constructing such zones between Yemen and its Saudi
and Omani neighbors comes in the framework of Yemeni government's
plans for promoting industrial sectors and encouraging local and
Gulf investments.

He affirmed that Yemeni government's intention for creating
these zones on the bordering areas with Oman and Saudi Kingdom is
for realizing economic integration with GCC's economies, creating
many job opportunities to Yemeni labors and easing Yemeni exports.

Assanabani noted that there are three industrial zones, in Aden,
Hudeida and Lahj governorates, are ready for receiving local, Gulf
and Arab investments, stressing importance of private sector's role
and participation in industrial zones for it is active partners in
these projects and in industrial development in general.