Prime Minister stresses importance of creating suitable ground for investment

SANAA, Sept. 14 (YPA) – Prime Minister, Abdulaziz bin Habtoor participated on Wednesday in the Investment Forum in its first session, organized by the General Investment Authority in the capital Sanaa.

In the meeting, the Prime Minister referred to the importance of the forum as a new and positive initiative at the level of Yemen, indicating that the private sector cannot succeed without government administrative bodies that understand its great importance or the laws and systems that regulate aspects of partnership.

Bin Habtoor pointed out the importance of the concerned state agencies working on preparing the ground for investment and its stability, and turning it into an aid tool for the success of investment projects, and working to gradually remove all the factors that waste or hinder investment.

He considered the investment service a service to the Yemeni people, whose investment projects will provide them with multiple and diverse jobs and contribute to the stability of society.

Bin Habtoor stressed the need for those concerned to understand, directly or indirectly, the great importance of private sector investments and their role in the service of development.

He further stressed the keenness of the state leadership to prepare the legislative and institutional components and infrastructure to serve the investment.

The prime minster pointed out that the official’s understanding of the leadership’s directives and the nature of its duties, and how its deals responsibly with the position it occupies are important and essential issues for its success in carrying out its duties in the service of the country and society.

“We are all concerned as officials to preserve our investors, change the way of thinking towards them, encourage them by all available means, and study the development of regulations and systems to attract the largest number of investments in the interest of our country and our people,” he said.

E.M