SANA'A, July 19 (Saba)- Preparations are ongoing to set up a
strategic alliance to support investment in Yemen, a Yemeni
businessman told September weekly on Thursday.

Head of the Union of Chambers of Commerce and Industry Mohammad
al-Mitami said the alliance was adopted by the World Bank in
coordination with a number of government bodies, private sector and
donors.

Al-Mitami pointed that the alliance aims to prepare a good
environment for investment and providing a technical support to the
government in addition to offering more facilities and circulating
investment opportunities in the country.

Meanwhile, al-Mitami said Yemen is seeking to join the World
Investors Network (WIN) that consists of investors from the European
union, South America, Africa and Asia.

Al-Mitami pointed that Yemen's joining to WIN would be a chance for
circulating automatically investment opportunities in Yemen and
coordination between members of WIN to set up joint investment
projects in the country.

YA/NS

SABA