Yemen Mineral ConferenceFrom today's Yemen Times.
Under the motto ''Towards an Ideal Investment for Our Arab Minerals,” the 8th Arab Conference on Mineral Wealth started in Sana’a on October 13.
The conference, organized by Yemen Ministry of Oil & Minerals in cooperation with the Arab Organization for Industrial Development and Mining, will continue till October 16.
Taking part in the conference are 18 Arab countries and 300 participants, a number of oil and minerals ministers, heads of Arab geological bodies and researchers. About 100 working papers and studies have been presented at the conference.
At the opening of the conference, a number of speeches were delivered by conference organizers dealing with main objectives of holding it and its positive reflections on the Arab world.
Dr. Ismael Naser Al-Janad, Chairman of the Geological Authority Survey and Mineral Wealth said in his opening speech, “The current scientific situation makes it imperative for all Arab countries to join forces and work jointly to benefit from their available potentials, to create an Arab integration and create investment opportunities serving development and economy in those countries, rich with various mineral wealth.”
“The main objective of holding this conference is to introduce the Arab available potentials in the field of mineral wealth that regretfully not receiving the interest it should in many Arab countries, which play a great role in serving the social and economic development,” Mr. Ismael said
On his part, the general manager of Arab Organization for Industrial Development and Mining, the Chairman of the 8th Arab Conference for Mineral Wealth, Eng. Tala’at Bin Dhafer focused in his speech on the significance of Arab industrial coordination and integration and contribution to development of Arab economy.
“The Arab Organization for Industrial Development and Mining has concentrated in its programs regarding mineral wealth on a group of activities contributing as much as available to activate Arab coordination and cooperation in various fields of mineral activity, providing information, offering technical assistance and preparing geological maps. The Organization also works for limiting impact of this industry on the environment, ” Mr. Dhafer remarked.
Yemeni Oil and Minerals Minister, Dr. Rasheed Baraba’a said: “What is needed by the Arab countries is to open horizons for investment, exchange expertise, enhance aspects of partnership and interests.'' Dr. Baraba’a indicated that Yemen as ambitious for an ideal utilization of this huge wealth by potentials available with the Arab countries.
He emphasized that investment opportunities of investment were available in Yemen and many high and unique investment advantages were granted.
“This conference will be a good opportunity for Arab participants to get acquainted with geological and mining advantages available in Yemen together with potential mineral wealth,” the Oil and Minerals minister said.
Vice president Mr Abduh Rabu Mansour Hadi who patronized the conference said in his remarks at the end of the opening meeting of the conference that the huge mineral wealth possessed by the Arab homeland would enable it end poverty, unemployment and solve social and cultural problems, if it were used scientifically and in an integrated manner by the Arab countries.
Comprehensive coverage will be published next week.