Yemen witnesses an increase of gulf investment projects |
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Eight Gulf investment projects were registered during the first quarter of 2009 in Yemen. A report issued by the General Investment AuthorityGeneral Investment Authority
(GIAGIA
) showed that the projects worth about YR 7.7 billion were distributed between four Saudi projects and three Kuwaiti projects and one project for United Arab Emirates.Two of these Saudi projects were in the industrial sector and two are service industry sector. The Kuwaiti investment projects included an industrial sector project, a project in the tourism industry and another one in the field of agriculture. The UAE project was in the field of tourism.
In a related issue, the government approved, in its cabinet's meeting held on Tuesday, a number of investment projects in field of infrastructure.
These projects were presented by the Chairman of General Investment AuthorityGeneral Investment Authority
(GIAGIA
) and Shibam Holding Corporation.
Chaired by Prime Minister Ali Mujawar, the meeting directed concerned bodies to include their future needs required for carrying out infrastructure projects included in the package of the projects. Water, roads, electricity and telecommunications projects were given priority.
The cabinet authorized Chairman of GIAGIA
to coordinate with concerned ministers and bodies to prepare mechanism for organizing measures and duties to provide services in locations assigned for investments and develop a timetable required for this regard.
© Yemen Observer 2009
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Companies
| Company Name | Country | Industry |
| Consolidated Contractors Company | Overseas | Construction and Design |
| Zuhair Fayez Partnership Consultants | Saudi Arabia | Construction and Design |
| Saudi Binladin Group | Saudi Arabia | Construction and Design |
| Saudi Electricity Company | Saudi Arabia | Electric Utilities |
| Barwa Real Estate Company | Qatar | Landlords and Developers |
| Roads and Transport Authority - Dubai | UAE | Regulatory and Administrative Bodies |
| Mubadala Development Company | UAE | Investment Firms and Funds |
| Ministry of Health - Saudi Arabia | Saudi Arabia | Ministries and Municipalities |
| Abu Dhabi Oil Refining Company | UAE | Oil |
| Qatar General Electricity and Water Corporation | Qatar | Electric Utilities |
Projects
| Project Name | Country | Sector |
| ENEC - Nuclear Power Plant | UAE | Power and Water |
| Abu Dhabi DOT - Abu Dhabi Metro | UAE | Infrastructure |
| Takreer - Ruwais Refinery Expansion | UAE | Oil and Gas |
| Abu Dhabi Ports Company - Khalifa Port and Industrial Zone (KPIZ) | UAE | Infrastructure |
| Aramco/Dow Chemical - Ras Tanura Integrated Refinery and Petrochemicals Complex | Saudi Arabia | Oil and Gas |
| SATORP - Jubail Refinery and Petrochemical Complex | Saudi Arabia | Oil and Gas |
| Emirates Aluminium (EMAL) - Smelter Complex - Phase 1 | UAE | Industry |
| Dubai Racing Club - Meydan City - Meydan Racecourse | UAE | Real Estate |
| Dubai RTA - Dubai Metro | UAE | Infrastructure |
| IGD - Gasco - Habshan 5 Gas Processing Plant | UAE | Oil and Gas |







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