Prime Minister, Dr. Ahmed Awad bin Mubarak, announced that the government is working on preparing an investment map that includes promising sectors, such as fisheries, in cooperation with Yemen’s development partners.
This comes within the framework of the government’s efforts to diversify revenues and strengthen the national economy through value-added investments.
Bin Mubarak confirmed during an expanded meeting in the temporary capital, Aden, which included leaders of the ministries of agriculture, fisheries, water, environment, industry and trade, and other concerned parties, that the private sector is an essential partner in developing strategic investments in cooperation with international institutions.
During the meeting, the Prime Minister was briefed on the results of discussions on the ministerial decision prohibiting the establishment of new fish grinding factories, and ways to enhance oversight and correct the conditions of existing factories to achieve optimal benefit from fish wealth.
He also stressed the importance of investors adhering to the laws and diversifying investments while taking into account national interests.
The Prime Minister directed the competent authorities to correct the conditions of the fish sector and implement the necessary controls, pointing to government efforts to strengthen the sector’s infrastructure in cooperation with donor countries and organizations.
At the conclusion of the meeting, a committee of relevant ministries and bodies was formed to develop visions for dealing with fish grinding factories, with the proposals being discussed with the private sector before submitting them to the Prime Minister for approval.