http://www.english.hadhramaut.info
Prime Minister launches the First National Industry Conference
[The Source: www.sabanews.net - 23/12/2008]
Prime Minister Ali Mujawar launched on Monday the First National Industry
Conference in Yemen. The
two-day conference is organized by Hadramout Commerce and Industry
Chamber in cooperation with Ministry of Industry and Commerce. In
the ceremony, Mujawar spoke to the attendants and welcomed Yemen's
businessmen guests who came from brotherly and friendly countries,
hoping the conference success for realizing its aims. " Our
political leadership and the government belief in importance of
improving wise governance system in Yemen for it is considered the
basic approach for pushing forward development path and it is the ideal
way for nationalizing the industry and attracting foreign investments,"
said the prime minister. He talked about economic, financial
and administrative reforms Yemen has been carrying out since 1995 and
considered them basic axis for economic and social development, noting
that development path has been enhanced in the national agenda for
reforms. He renewed call to Yemeni, Arab and Foreign
investors to make use of investment facilitations the country provides
and utilizing investment opportunities available in Yemen. He
reviewed projects of setting up industrial zones. He noted that three
zones have been launched till now in governorates of Aden, Hudeidah and
Lahj. He described launching these zones as important step. For
his part, Previous Malaysian Prime Minister Mahthir Mohammad talked
about Malaysia industrial experience and steps the country has followed
for realizing inclusive renaissance via promoting industries "Yemen
has to work much for creating suitable industrial environment that
would have great reflection on middle term if we don't say in short
range. Many countries have become rich because of wealth reflected by
industry process," said Mohammad. He affirmed that Yemeni
government must be ready to amend its different laws and legislations
unable to attract local and foreign investments. He asserted improving
administrative performance for eradicating corruption which is
increasing by management's bad performance. "If you could
create competence in Yemen, industrial development will be easy," he
said. He indicated importance of combating financial and administrative
corruption in terms of granting investments licenses that must be
short, "laws are not able to fight corruption." "Yemeni
government must provide necessary infrastructure wither ports or
electricity, roads, waters or others and providing training and
qualification centers," said previous Malaysian Prime Minister. He
noted that Yemen has to create industries of high quality to be able to
enter contest actively. For his part, Yemeni Minister of
Industry Yahya al-Mutawakel affirmed importance of giving Yemeni
industry and its different activities all concern and care saying that
industry sector did not get due care in the past. He noted
that contribution of transformation industry in GDP does not exceed 6%.
He affirmed government's keenness on giving this sector enough care and
concern for realizing complete benefit of its promising capabilities.
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