MUKALLA, Dec. 23 (Saba)- Four treaties and memos of understanding singed in the sideline of Industry Conference, Yemen Future concluded its activities here on Tuesday.

The first treaty, signed between Malaysian Chamber of Commerce and local authority in Hadramout for establishing complete tourist compound with initial cost estimated at $ 10 millions. The treaty was signed by Governor of Hadramout Salem al-Khanbashi and Chairman of Malaysian Chamber of Commerce Aidrus al-Attas.

Malaysian CM Company and al-Amqi Group for Trade and Investment signed the second treaty. The treaty stipulates on establishing the compound of fishery industries in Hadramout worth $ 2.5 millions.

Ministry of Industry and Trade and Malaysian Sirm Company signed memo of understanding for cooperation in setting up Yemeni development industry strategy. Deputy minister of industry and trade for development and investment sector Abdullah Abdul-Wali and Vice Chairman of Malaysian Sirm Company Asmadi Saeed signed the memo.

Hadramout Chamber of Commerce and Industry and Malaysian Chamber of Commerce signed the second memo of understanding.

MA