STC Acting President Underscores Significance of Creating Conducive Environment to Attract Both Domestic and International Investments


Mr. Ali Abdullah Al-Kathiri, Acting President of the Southern Transitional Council (STC) and Chairman of the National Assembly, met today, Sunday, with Mr. Ali Ahmed Jarhoum, Director-General of the General Investment Authority (GIA).

During the meeting, Mr. Al-Kathiri was briefed on the authority's workflow and its branches across the governorates. Moreover, he was informed about the increase in investment projects registered with the GIA over the past period and its ongoing efforts to surge investment projects by completing all related procedures, facilitating their opportunities in accordance with the law, and finding appropriate solutions to the challenges that might hinder the progress of investment projects and creating a conducive environment for investment growth.

Al-Kathiri listened to a detailed explanation of the efforts of the GIA to create a conducive environment for both domestic and international investment and to achieve sustainable development, as well as the studies it has conducted in this field.

The acting president of the STC praised the efforts that have been exerted by the GIA in fostering investment opportunities in the capital, Aden, and across other governorates, affirming the unwavering support of the STC, led by President Aidarous Qassem Al-Zubaidi, for the endeavours of the GIA and to provide all required facilities to create a safe environment that attracts investors in all vital sectors.

The meeting was attended by Mr. Mazen Nasser Abdullah, Projects Officer of the GIA, Ms. Lisa Jaafar Mohammed, Secretary of the Director General of the GIA, and Mr. Riyad Khaled, Head of the Office of the Chairman of the National Assembly.