VOL. XLVI
No 50
15-December-2003
INFRASTRUCTURE
YEMEN
National Cement Company Established In Yemen
The Yemeni General Investment Authority has established a National Cement Company with capital of YR11.1bn ($60mn) to undertake a cement project in Malah in the southern province ofLahaj, with an investment of some $150mn. According to a report in Arabic daily al-Hayat on 21 November, the company will open a large part of its shares to public subscription, allowing Yemenis to invest in what it calls a...
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