OPERATING YEMEN INDUSTRIAL ZONES BY ICD DISCUSSED

SANA'A, April 24 (Saba)- The Minister of Industry and Trade Yahya al-Mutawakil met here on Saturday with the Islamic Corporation for the Development of Private Sector (ICD)'s delegation currently visiting Yemen.

The two sides discussed the possibility of ICD's contribution to developing and operating the Yemeni industrial zones and border economic areas.

In this aspect, the ICD's delegation voiced the corporation's readiness to study Yemen's requirements and needs in this field.

It affirmed the ICD's full cooperation in creating partnerships with the local and international private sector to develop and operate the industrial zones and border economic areas in Yemen.

During the meeting, the two sides dealt with the current cooperation between Yemen and the corporation and the projects implemented in partnership with the Yemeni private sector.

Al-Mutawakil expressed his hope that the coming period would witness further cooperation in all fields, particularly the development and operating of the industrial zones in accordance with the models internationally recognized.

He reviewed the projects of industrial zones and the border economic areas and the role relied on to attract more investments and strategic projects to Yemen in order to achieve comprehensive and sustainable development.

It is worth to mention that the Islamic Corporation for the Development of Private Sector (ICD) is a part of the Islamic Development Bank (IDB)'s Group.

BA