General Investment Authority
The General Investment Authority (GIA), established in 1992, is the national agency for the promotion and facilitation of investments in Yemen. Since its inception it has already helped a large number of investors, registering over 7000 projects and facilitating more than USD $10billion worth of domestic and foreign investment. The Authority’s work has also generated almost two hundred thousand jobs in almost all sectors of the economy.
By providing the full range of support and services to investors wanting to establish or expand businesses, GIA utilizes Yemen’s unique advantages explained in greater detail throughout the site. These include the country’s geographical proximity to regional and international markets, an extended 2,200km coastline, a large domestic market of 22 million and a strong available labor force. Yemen is likewise attractive to investors due to its active free zone, competitive advantage to its neighbors, and a significant number of signed international investment and protection agreements.
Finally and importantly, local and foreign investors alike will find that they have the full support from the President and his government, a business environment boasting countless successes, and a habitat rich in a number of natural resources (oil, gas, minerals, agriculture and fisheries) that also hosts several UNESCO recognized touristic sites and one World Natural Heritage Site.See more