GAI grants permits for 11 investment projects in Hadramout
The Source: www.sabanews.net - 10/12/2008
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The office of the General Authority for Investment (GAI) in Hadramout
granted permits for setting up 11 investment projects in fields of
industry, tourism, agriculture and fishing at sum of 4.6 billion during
the first half of 2008.
In his statement to Saba, the director
of the office Khaled al-Sadi said that these projects would create
temporary jobs for 337 workers.
Al-Sadi pointed out that there
are two projects have been approved centrally during the first half of
current year, first project was to extend Aircraft Academy at Mukalla
airport at amount of YR 199 million, and the second was to set up
cement factory at a total cost of YR 32 billion.
He added that the office granted letters of tax exemption for 14 investment projects and renewed letters for other 25 projects.
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