Bloomberg reported, citing Deputy Transport Minister Nasser al-Sharif, that Yemeni authorities intend to start building a port in the Qishn region, east of Al-Mahra province, within two months, at an estimated cost of $130 million. .

And according to agencyThis week, Al-Sharif said, the government approved a deal with Ajham Energy and Mining Company to build a port in the Arabian Sea in an area bordering Oman, which includes a 50-year concession.

And she was Many media You mentioned that the internationally recognized government has approved a contract for the construction of a new seaport that will be dedicated to commercial mining activities in Al Mahra province, in the far east of Yemen, with an Emirates investment of $100 million.

A government spokesman told Reuters that the Council of Ministers met in Aden on Saturday to formally approve a contract signed with Emirati-based Agam to build a seaport in the Ras Sherwin area in Al Mahra province. , within the Build-Operate-Transfer (BOT) system.

He added that the project includes the construction of a port, consisting of a cape at several levels, including a 1,000-meter breakwater, a 300-meter marina for mooring ships and a draft of 14 meters in the first stage.

The official noted that the port will be designed for the export of limestone and other minerals, as well as for handling containers and goods of all kinds and supplying ships.

Source: TASS, Bloomberg

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Robin Jackson is the editor-in-chief at 24PalNews. As an editor and author who covers business and finance, Robin shares the latest business news, trends, and insights with his extensive audience.

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