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Yemen to establish 11 industrial zones

Yemen's Ministry of Trade and Industry has confirmed plans to establish 11 industrial zones throughout the country, reported Yemen Times. Although this announcement has been made previously, the Minister of Trade and Industry Yahya Al-Mutawakel indicated that small and medium enterprises (SMEs) are the targeted business organizations which will play a major role in the development of the industrial zones, contrary to other statements that industrial zones will thrive as a result of foreign direct investment and large-scale projects.