Minister of Public Works discusses means to activation of Housing Credit Bank


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Yemen News Agency SABA
 Minister of Public Works discusses means to activation of Housing Credit Bank
[28/ December/2018]
SANAA, Dec. 28 (Saba) - Minister of Public Works and Roads Ghaleb Mutlaq discussed on Thursdsay with the Executive Director of the Housing Credit Bank Abdullah Al-Houthi the aspects related to activating the role of the Bank in the service side to achieve the objectives for which it was established.

In the meeting, the Minister of Public Works and Roads stressed the importance of hard work to activate the role of the Credit Bank for Housing and the search for local and external investments that enhance its service role.

He stressed the need to preserve the bank and its sustainability as a sovereign institution that supports the developmental aspect and the national economy is thriving through its projects.

He pointed out that the success of the bank will positively affect the conditions of employees of the ministry and its affiliated institutions and contribute to the exploitation of economic opportunities available in the housing sector.

He explained that the housing sector is one of the most important economic sectors that provide a lot of investment opportunities, especially with respect to construction.

And directed the bank leadership to pay attention to human cadres commensurate with the size of the tasks carried out and what motivates them to achieve the success required to improve the performance of the bank.

The minister stressed the ministry's readiness to work with government agencies to overcome the difficulties that prevent the Bank from playing a reliable role in the developmental aspect.

In turn, the Executive Director of the Bank reviewed the difficulties encountered in the work of the Bank and its achievements since its establishment in 1977, including the projects of Hadda Housing City and the town of Sawan Housing for low income.


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