In an exclusive statement to Barran Press, Engineer Saleh Al-Saqaf, the Director General of Planning and International Cooperation in Ma'rib Governorate (northeastern Yemen), stated that the governorate is now more prepared for investment in various sectors than ever before.

Al-Saqaf made these remarks during a panel discussion organized by the Center for Economic Studies and Media and the Economic Reform Team in the city of Ma'rib, focusing on "Analyzing the Investment Environment and Investment Opportunities in Marib."

He considered this workshop as one of the consultative workshops that his office is working on, in collaboration with the local authority and specialized offices, to formulate a comprehensive vision for the developmental, economic, and social renaissance in Ma'rib Governorate.

Several sectors were highlighted as potential areas for investment, including education, health, food security, capacity building, and agriculture.

Al-Saqaf emphasized that the industrial sector in the governorate possesses essential components, such as the availability of electricity, security, specialized young human resources, and skilled labor.

The local official explained that this renaissance is based on the five-year plan for the governorate (2022-2026) and the derived response plan (2024-2025), which are being implemented diligently and continuously in cooperation with our international and local partners.

He stressed that familiarizing investors with the investment opportunities in Marib and creating an investment-friendly environment are among the priorities of the local authority in the governorate.

Al-Saqaf called on international and regional companies, the private sector, and all businessmen to invest in Ma'rib, which currently accommodates more than 3.5 million people, representing the population of the Republic of Yemen.

The Director General of Planning and International Cooperation in Ma'rib pledged to provide all facilities and overcome difficulties for local and international investors.

In recent years, Ma'rib Governorate (northeastern Yemen) has witnessed a growing developmental movement in various fields and sectors. Commercial and urban activities have seen a significant increase of up to 300% compared to pre-liberation levels, according to official statistics.

Recently, several major private banks have opened branches in the city, which hosts over 3 million residents, including 2 million internally displaced persons. Capital inflows from all governorates of the republic have increased, particularly in the industrial, agricultural, and economic sectors.

While the city has witnessed a large influx of labor from various governorates, seeking livelihood opportunities amidst the humanitarian crisis facing the country, the local authority in the governorate has shown great interest in creating a suitable atmosphere for investment.