[18 July 2008]

MAHRA, July 18 (Saba) - A Saudi businessmen delegation currently visiting Yemen has announced its intention to set up investment projects in the province of Mahra, since the province has all investment elements that encourage Arab and foreign investors to have investments in.

The announcement came at a meeting with the province secretary general of Local council Salem Abdullah Nimer.

During the meeting, Nimer reviewed available investment opportunities in the governorate in various fields, especially the projects announced in the Hadhramout Investment conference held last March which included setting-up tourist hotels, chalets, residential houses and restaurants.

The delegation headed by director of the Rubaiya for Trade and Investment Corporation Muhsen Mubarak Bamahriz and Director of Basailm Trading Company Mohammed Basalim expressed readiness to set up tourist investment projects in the district of Hoof, identifying the sites where these projects would be established.
NN/FR
Saba