[20/December/2008]
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.

MA



Saba