In partnership with MENA's largest sovereign wealth funds, leading family offices and the biggest private equity companies in the world, MENA Investors Summit is the first ever investor focused capital-raising, deal flow initiative in the MENA region.
One of the supporters of the Summit is AISCO Group of Companies. The company was established in Aden Free Zone, Republic of Yemen in the year 2005 to take advantage of the Government of Yemen's liberal industrial policy, to create job opportunities for the local talented manpower and fulfill the aspirations of 25m Yemeni people to move to self reliance by utilizing local resources to minimize imports in to the country. Today AISCO is producing 100,000 tons/annum of re-bars, industrial and medical gases, high purity gases, refrigerant gases, meeting frozen food requirements and generating 28MW of power to meet internal as well as of the nearby industries demand.
AISCO has been granted license to develop an industrial park in the Free Zone, Aden to provide, 150 ready- to occupy industrial sheds to benefit young entrepreneurs. The project outlay being over $130m will be implemented in three phases between 2010 and 2013. Once operational, the industrial estate will not only generate employment opportunities but contribute considerably towards the Yemeni GDP.
AISCO will be presenting the project of the industrial park during the MENA Investors Summit on 1st and 2nd of November in Riyadh.
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AISCO Group of Companies to participate at MENA Investors Summit 2009
- United Arab Emirates: Sunday, November 01 - 2009 at 09:23
- PRESS RELEASE
Naseba is hosting AISCO Group of Companies as a sponsor for the MENA Investors Summit 2009, taking place on November 1st to 2nd, 2009 at the Four Seasons Hotel, in the Kingdom Center, Riyadh, Kingdom of Saudi Arabia.
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About NasebaNaseba (Euronext Paris: MLNSB) is a publicly listed business information company that produces, promotes and hosts upper level executive B2B congresses and forums across 26 industries on five continents. Each event is focused on re-education, networking, but most importantly, deal flow opportunities for all attendees. Whether the "deal" is capital raising, vendor sales contracts, or purely sourcing strategic partner each Naseba platform gives our clients the perfect opportunity to do business. Since inception in 2002, Naseba has organized over 350 business events, and has opened five offices strategically located throughout the world - Bangalore, Cairo, Dubai, Monaco and Singapore.
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Tel: +971 4 3658380
Posted by Rima Ali Al MashniSunday, November 01 - 2009 at 09:23 UAE local time (GMT+4)
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