To attract foreign investors, the Yemeni government has amended its legal framework to allow tax exemption and export of foreign capital. The government is also considering deeper reforms to lay the foundations for its economic future. Recent figures show that in 2008, British exports of goods
to Yemen were worth £69.2 million.
Yemen has several strengths, which to name a few include its prime strategic location on the intersection of two major waterways, namely the Red Sea and the Indian Ocean, the availability of both natural and human resources, as well as the availability of land.
The country has witnessed major advances in recent years towards the creation of an investment friendly environment in all its economic, legislative, organisational and legal components, in addition to a substantial package of incentives and guarantees offered to foreign investors. Investors have abundant opportunities to take full advantage of the prospects in various sectors of the Yemeni economy, including the oil and gas sector, industry, tourism, real estate and the country’s infrastructural expansion plans.
The Arab-British Chamber of Commerce is organizing this event (EXPORT CLUB - Opportunities in Yemen) on Tuesday 29th September 2009 – 3.30pm – 6.00pm followed by a Reception & Networking at ABCC premises.Global Arab Network