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Hadi: attracting Arab, foreign investments in oil sector is national priority

Hadi: attracting Arab, foreign investments in oil sector is national priority

[20/October/2012]


SANA'A, Oct.20 (Saba) – President Abdo Rabu Mansour Hadi affirmed that attracting Arab and foreign investments in oil and gas sectors is a national priority for its importance as one of the pillars of national economy.

In a statement to the "Businessmen and Oil Gateway" magazine issued Saturday, the President said despite oil industry is a new branch of industry in Yemen but it could establish a successful partnerships with several oil companies. 

Yemen has huge oil and gas reserves that present real wealth and will help in resolving the economic problem which is the country's main issue, Hadi said, renewing his call to the Arab and foreign companies to invest in these sectors. 

He also confirmed to offer the overall facilities and privileges to encourage investments and create an appropriate atmosphere for them, asking brotherly and friendly countries and donors to push up investments in Yemen.
FJ


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