Technical teams launch work to prepare investment opportunities in Sana’a

Governor Abdulbasit al-Hadi, Deputy Minister of Local Administration Dr. Qasim al-Humran, and Chairman of the General Investment Authority Yasser al-Mansour inaugurated the work of joint technical teams on Monday to prepare a diverse and sustainable stock of investment opportunities (productive/service) in Sana'a province. Organized by the Ministry of Local Administration, Sana'a province, and the General Investment Authority, governor al-Hadi emphasized the importance of resolving issues related to land allocated for investment and overcoming obstacles hindering project implementation within the province's investment map. Al-Hadi urged the teams to gather accurate, high-feasibility information to serve the community effectively. Deputy Minister of Local Administration Dr. Qasim al-Humran highlighted that Sana'a is a pioneering province in creating an investment database and stressed the importance of proper study preparation. He noted the availability of investment opportunities at various levels, includ ing province, districts, districts, and villages, and emphasized the role of multi-purpose cooperative societies in enhancing investment. Chairman of the General Investment Authority Yasser al-Mansour reviewed the Authority's experience in this regard, noting that a table of investment opportunities has been prepared at the sector level across various provinces. He underscored the need for a comprehensive table of investment opportunities in each province, highlighting the abundant opportunities in Sana'a province. Deputy governor for the Investment Sector Yahya Jumaan explained that the joint committee members would work as a unified team to prepare a stock of investment opportunities in various sectors of the province. He identified eight targeted sectors: agricultural development, industry and trade, electricity, tourism, health, technical education, and vocational training, with work ongoing to identify members for the transportation and mining sectors. Jumaan stated that the goal is to identify 1,00 0 feasible investment opportunities that meet local needs in the targeted sectors. He emphasized that the success of this initiative would strengthen the investment partnership between the public and private sectors. The teams' work includes collecting comprehensive data and information, mapping sites, and identifying industrial areas with all necessary services and privileges to attract local and international investors. Source: Yemen News Agency