PROPOSED STRATEGY TO IMPROVE YEMEN PORTS AT $2.5 BLN

SANA'A, Dec. 24 (Saba)- The international Cornell Group has offered
to the government a strategy for the years 2010-2014 to
carry out investments aimed at improving the Yemeni ports at a total
estimated more than $2.5 billion, 26sep.net has reported.

A source at the Ministry of Planning and International Cooperation
has said that the proposed strategy includes improving ports in
Aden, Hudeidah and Hadramout governorates in partnership with the
private sector through four forms of privatization.

The Group emphasized that the privatization process takes place in
two stages, setting laws and preparing investment bylaws, and
implementing the signed agreements.

AM/AM