Yemen renews call for Malaysian investment

SANA'A, Dec. 20 (Saba)- Prime Minister Ali Mujawar renewed called
for Malaysian investments for promoting Yemen's development.

Opening the Yemeni-Malaysian symposium on investments held here on
Saturday, Mujawar affirmed that Malaysian investments would get all
support, care and facilitations via the one-stop-shop system.

Mujawar, who described the Yemeni-Malaysian economic relations as
historical, hoped setting joint investments in Yemen and Malaysia.
He noted that this symposium, organized by Yemeni Investment
Authority, is a practical step for studying available investments
opportunities.

A number of Ministers and businessmen and representatives of more
than 40 Malaysian companies attended the symposium. The symposium
discussed a number of work papers presented by ministry of trade and
industry, public works and roads, fishery wealth, oil and minerals,
tourism and of agricultural and irrigation as well as by the General
Investment Authority (GIA).

Chairman of GIA Salah al-Attar said the symposium would enhance and
improve investment relations between Yemen and Malaysia. He
considered it as a chance for Malaysian investors to know better
environment investments in Yemen in different fields, namely in
infrastructure.

He indicated the government's efforts in conditioning investment
environment via taking a number of reforms including reviewing
related laws, activating trade courts and promoting industrial zones
in different governorates. He asserted that the GIA would focus on
easing measures to investors.

For their part, Head of Malaysian Chamber Ali al-Attas and
Malaysian ambassador in Sana'a Abdulsamad bin Othman affirmed that
the symposium is a chance for Malaysian businessmen to acquaint
themselves with available investment opportunities in Yemen. They
would also know fields they want to invest in.

They indicated that the Malaysian Government encourages investments
in promising markets including Yemen and creating real trade
partnership with Yemen.

Then work session between businessmen from the two countries for
studying setting up partnership between their two private sectors
held.