ID :
88666
Mon, 11/09/2009 - 16:00
Auther :

French companies to implement fisheries projects at €150 mln

SANA'A, Nov. 08 (Saba)
- Two French companies, Euromer and Siquiera companies, announced on Sunday their
intention
to invest a sum of €150 million to implement fisheries projects on the country's
coastal line.
The projects include the implementation of tuna fattening project, manufacturing
fisheries boats and establishing typical market for fish sale through the stock
exchange
and others.
Minister of Fisheries Mohammad Shamlan and the two companies' directors agreed on
forming a specialized team from the Ministry and the two companies to prepare a
memorandum
of understanding between the two sides to be signed in the coming period.
During the meeting, Shamlan hailed the French investment in fisheries field,
referring to Yemen's huge resources in the fisheries field in the coastal line
which provide
a lot of investment opportunities.
FJ/AM


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