Al Suhaily Meets With the Director of Investment Authority in Lahij and Calls on the Government to Reform the Business Environment

Thursday, 10 February, 2022
Al Suhaily Meets With the Director of Investment Authority in Lahij and Calls on the Government to Reform the Business Environment

 

Mr. Hussein Al Suhaily, Chairman of Tamdeen Youth Foundation, Coordinator of the Humanitarian Action Localization Initiative in Yemen, and Coordinator of the National Economic Recovery Program, said that through the Recovery Initiative, the Foundation seeks to advocate investment issues and develop visions and perceptions to solve its problems through a matrix of studies and actions jointly implemented by civil society organizations, the government, and the private sector.

 

 
During his meeting with the Director of the General Investment Authority in Lahij Mr. Nazih Abdulaziz Al Shaabi, Al Suhaily stressed the need to develop clear visions worthy of assessing the reality of the investment sectors; the realistic assessment that will allow the Authority to participate in the recovery and reconstruction process.

 

 

He pointed out that Lahij governorate has many investment assets, is near to the port of Aden, and has many promising wealth and opportunities, especially in the industrial and agricultural fields. 

 

 
He also called on the Government to support the General Investment Authority and to direct those concerned to solve land problems and reform the business environment through incentives and special benefits for investors.

 

 

For his part, the Director of the General Investment Authority was pleased with TYF's economic recovery initiative, which reflects the recognition of the role of CSOs in partnering with the Government and advocating for development issues.

 

 
He emphasized the integration with local organizations active in presenting investment opportunities, providing facilities to empower youth, and creating their own projects in areas and opportunities in Lahij, most notably fruit production of all kinds, feed production, fishing and fish marketing, cement manufacturing, thermal bricks, textiles, and agricultural machinery and equipment.

 

 

The meeting was attended by Dr. Tammam Al Hitari, TYF’s Program Manager, Mr. Nashwan Al Qubati, TYF’s Economic Empowerment Program Manager, Dr. Mervat Al Ghallabi, Manager of TYF's Head Office in Aden, Dr. Nadin Abdulqadir, TYF's Government and Relations Liaison, and Ms. Bushra Abdullah, TYF’s MEAL Officer.