Sanaa announces 150 investment opportunities in tourism sector

SANAA, May 18 (YPA) – The Sanaa government announced on Thursday that 150 investment opportunities in the tourism sector are available to investors in various provinces.

The government emphasized the importance of partnerships between the public and private investment sectors in the tourism sector, calling on investors to invest in this promising field and benefit from the facilities and advantages offered by the state.

This announcement comes after the Ministry of Tourism in Sanaa completed the preparation of 150 investment opportunities in various fields of tourism investment.

The Undersecretary for the Tourism Development Sector, Abdou Salah, said in a press statement that the preparation of opportunities comes as a prelude to offering them to national and foreign private investments at the investment conference to be held next September.

Salah stated that the investment opportunities, with an estimated cost of $700 million, would provide about 13,000 direct job opportunities and 39,000 indirect job opportunities.

He indicated that the investment opportunities include various tourism fields, such as hotels and tourist villages, restaurants and parks, rest houses and eco-lodges, recreational cities, beach resorts, and medical resorts in the most important areas of natural sources of sulfuric and mineral waters.

YPA