Investment Magazine / Exclusive
A meeting held in Hodeidah Governorate, chaired by the head of the General Investment Authority, Yasser Al-Mansour, on Sunday 27/4/2025, approved steps to enhance tourism investment opportunities and facilitate procedures to attract investors.
The meeting, which was attended by the governorate's Undersecretary for Administrative and Financial Affairs, Mohammed Al-Nahari, and a number of leaders of the concerned authorities, was devoted to discussing ways to exploit natural and environmental resources to support the tourism sector and enhance coordination between the local authority and the Investment Commission.
The meeting addressed mechanisms to address the challenges facing investors, emphasizing the importance of simplifying procedures and providing the necessary facilities to stimulate tourism investments, in order to boost the local economy and meet the growing demand for domestic tourism.
The head of the Authority emphasized that Al Hudaydah has promising tourism assets that need to be better utilized, pointing to the need to improve infrastructure, provide incentives to attract companies and investors, and effectively market the available opportunities.
Al-Mansour pointed out that the Authority is working to stimulate tourism investments to achieve promising projects that create new job opportunities and enhance Hudaydah's status as a distinguished tourist destination.
For his part, the deputy governor explained that Hodeidah's coastal strip has unique environmental and aesthetic characteristics, stressing the importance of planning to establish an integrated tourist area that extends from the large roundabout to the Ghalifaqa area south of the city.
Al-Nahari also called for the need to simplify procedures and facilitate the investment environment by establishing specialized service centers to support investors.
The meeting agreed on the importance of strengthening the partnership between the public and private sectors to develop tourism infrastructure, in order to attract investments and provide job opportunities.
The meeting concluded with a number of recommendations, most notably the preparation of a joint executive plan to establish an integrated tourism zone and exploit the investment opportunities available on the coast, in support of sustainable development goals and boosting the local economy.
Comments