Investment Magazine / Exclusive
The Vice Chairman of the General Federation of Yemeni Chambers of Commerce and Industry, Mohammed Mohammed Salah, described the new Investment Law of 2025 as a significant step toward improving the business environment and attracting investments, contributing to sustainable economic development.
In a speech delivered at the law’s launch ceremony on February 1, Salah emphasized that the private sector views this legislation as a qualitative leap that aligns with its ambitions and aspirations. He highlighted its focus on enhancing local production, offering tax and customs incentives, streamlining procedures, and safeguarding investors—all of which foster a more encouraging and attractive investment climate.
Speaking on behalf of the private sector, Salah stated, “We in the private sector recognize our vital role as a key partner in economic development and are committed to effectively and transparently implementing the provisions of this law, believing in the power of investment to drive economic growth and create job opportunities.”
Salah, who also serves as the Vice Chairman of the Sana’a Chamber of Commerce and Industry, stressed the importance of close collaboration between the private sector and the government to ensure the full and effective implementation of the law. He called for addressing any obstacles that might hinder its execution, reinforcing investor confidence—both local and foreign—and propelling the economy toward broader horizons.
He extended his gratitude to the esteemed Government of Change and Development, led by Prime Minister Ahmed Ghaleb Al-Rahwi, along with Minister of Economy, Industry, and Investment Eng. Moeen Hashem Al-Mahaqari, Minister of Finance Abduljabbar Ahmed, and Chairman of the General Investment Authority Yasser Al-Mansour, as well as all those who contributed to drafting and enacting this law.
He concluded his speech by saying, “We look forward to working together to achieve the ambitious objectives of this law and build a prosperous economic future for our beloved country.”
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