Investment Magazine - Exclusive
Yemeni businessman Ali Jarman, Chairman of the Board of "Malik Al-Taqa - Hamoud Jarman & Brothers", stated in an exclusive interview with Investment Magazine that the new 2025 Investment Law has provided strong incentives for investors to transition to renewable energy, encouraging investment in the production and generation of energy through renewable sources.
Jarman explained:
"However, as suppliers of production materials for energy generation, the law does not explicitly outline or offer incentives to encourage suppliers in this sector. We hope this issue will be addressed in the future, as it would positively impact the economy by reducing the costs of acquiring renewable energy production materials, thereby increasing the number of beneficiaries, promoting self-sufficiency in energy production across various sectors, and reducing reliance on external sources."
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