Investment Magazine - Special
Abdullah Al-Barwi, head of the Contractors and Suppliers Sector at the Chamber of Commerce and Industry in Amanat Al-Asimah, welcomed the approval of the new Investment Law No. (3) of 2025, which was launched by the Government of Change and Construction on February 1 under the slogan “Investment in Yemen. Al-Barawi told Al-Monitor that the new law is a pivotal step towards enhancing the business environment and stimulating economic development, especially in the contracting and supply sector.
“The new law represents a qualitative leap in economic legislation, as it provides unprecedented investment incentives, most notably tax exemptions, simplified procedures, strong legal guarantees, and a more stable and transparent environment for investors,” Al-Barwi told Investment Journal.
“This law opens wide horizons for the contracting and supply sector and paves the way for effective participation in reconstruction, infrastructure projects and urban development,” he added.
Investment opportunities and strategic partnerships
The new law enhances the local and international investment climate and represents an opportunity for contracting companies and investors to enter into strong partnerships with the government and the private sector, especially in reconstruction and infrastructure projects.
He pointed out that the contracting and supply sector is counting on this law to attract capital, revitalize the construction market, and create thousands of job opportunities, which will contribute to improving the economic situation in general.
He stressed that the law will promote public-private partnership and direct investments towards reconstruction projects, housing, energy, transportation, and public utilities, thus contributing to sustainable economic growth.
The role of the contracting sector in development
Al-Barawi stressed that the contracting and supply sector is one of the sectors that will benefit the most from the investment reforms, as it contributes to stimulating local production and revitalizing the market for construction materials and equipment, thereby boosting the national economy.
He pointed out that the reconstruction phase requires an integrated strategy that includes:
- Rehabilitating damaged cities.
- Developing road and bridge networks.
- Improving public facilities.
- Launching housing and urban development projects.
To ensure the success of these projects, he stressed the importance of activating partnerships between the government and the private sector, and adopting transparent oversight mechanisms that ensure implementation according to the required standards.
A call to implement the law and ensure its stability
The success of the new investment law depends on its effective implementation and long-term stability, which will boost confidence among investors and push them to pump their capital into strategic projects, Al-Barawi said.
He called for involving the private sector in drawing economic policies, developing control mechanisms to ensure that projects are implemented according to the highest standards, as well as incentivizing small and medium-sized enterprises in the construction and supply sector to create a sustainable competitive environment.
He expressed optimism that the new law will be a turning point in the course of economic development in Yemen, and will restore confidence to investors, contributing to the advancement of the construction and supply sector, and achieving a qualitative leap in infrastructure and reconstruction projects.
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