Source: Saba News Agency
Prime Minister Dr. Ahmed Awad bin Mubarak announced that the government is in the process of preparing an investment map for promising sectors including fisheries, in collaboration with Yemen’s development partners. This is part of its strategy to develop and diversify revenue, focus on added value to bolster the national economy, and overcome previous imbalances.
He emphasized that the national private sector is a fundamental partner to the government in establishing strategic investments, creating partnerships with brothers, friends, and international financing institutions to leverage investment potentials in promising sectors, and to develop and expand the types of investments.
This came during the Prime Minister’s chairmanship on Tuesday in the temporary capital Aden, of an extensive meeting that included leadership from the Ministries of Agriculture, Fisheries Wealth, Water and Environment, Industry and Trade, the General Investment Authority, heads of the general fisheries authorities, and the Aden Chamber of Commerce and Industry, with participation from several owners of private factories for fish grinding.
The Prime Minister was briefed by the Minister of Agriculture, Irrigation, and Fisheries Wealth, Salem Al-Socotri, and the owners of fish meal factories, on the outcomes of meetings discussing the ministerial decision to ban the establishment or creation of new private factories for fish grinding, and the mechanisms to achieve effective control and correct the status of existing factories to ensure optimal utilization of the fishery resources and preserve fish stocks.
Dr. Ahmed Awad bin Mubarak stressed that the government has a strategic direction to correct the existing issues in the investment environment, in partnership with the private sector, taking into account the interests of both the state and investors. He highlighted the government’s welcoming and encouragement of investments in various fields, including the fisheries sector, with the need to diversify and distribute these investments and adhere to the applicable laws and regulations aimed at regulating fishing and investment in the fisheries sector.
The Prime Minister directed the Ministry of Agriculture, Irrigation, and Fisheries Wealth to correct the situation and implement regulatory measures for fishing and fish investment, emphasizing everyone’s sense of national responsibility in these exceptional circumstances and the serious movement towards rectifying imbalances, in partnership with the private sector. He pointed out government efforts to strengthen the infrastructure for the fisheries sector in coordination with donor countries and organizations, support food security-related projects, and maximize benefits from local resources to alleviate poverty.
The meeting discussed several ideas and proposals related to investment in and development of the fisheries sector, the vision of fish meal factory owners, and coordination mechanisms for implementing controls and oversight on this type of investment. In this regard, a committee was formed from the ministries of Agriculture, Irrigation, and Fisheries Wealth, Industry and Trade, Water and Environment, and the General Investment Authority to propose solutions and concepts for dealing with fish meal factories, taking into account the preservation of fish stocks. The committee is to hold a technical meeting with the private sector to discuss proposals, agree on recommendations, and submit them to the Prime Minister for approval.
The meeting was attended by the Minister of Water and Environment, Engineer Tawfiq Al-Sharjabi, the director of the Prime Minister’s office, Engineer Anis Baharitha, the Prime Minister’s advisor, Ambassador Mujib Osman, Deputy Minister of Industry and Trade Salem Salman, Chairman of Aden Chamber of Commerce and Industry Abu Bakr Baobaid, and several deputies and specialized directors from the Ministry of Fisheries Wealth.
