The General Investment Authority (GIA) categorically denied on Wednesday
reports, quoting the Sana'a Chamber of Commerce and Industry (SCCI),
that 181 investment companies have pulled out from Yemeni market
recently.
The acting chairman of the GIA Muhammad Ahmad Hussein told Saba that the
information is baseless... wondering the promotion of such false
allegations without getting back to the GIA to make sure.
He
called on the (SCCI) to be aware of the negative consequences of
promoting such incorrect information on the investment environment which
affects badly the national economy as a whole.
The GIA has
announced that the registered projects during the period January -
September 2013 rose to 99 projects compared to 76 projects during the
same period of 2012 with an increase of 30%, while the projects' fixed
proportions rose to YR 5.18 billion compared to YR 13.9 billion in the
same period of 2012.