Yemen Plans $130 Million Port, Road in Mahra to Move Minerals
- 2023-01-03
- 09:22:19
Breaking News
Yemen plans to start building a port in the Qishn area of the eastern Mahra region at a cost of $130 million in two months, Deputy Transport Minister Naser Shuraif said.
This week, the government approved a deal with Ajham Energy & Mining Co. for the construction of the Arabian Sea port in an area bordering Oman and involving a 50-year concession, Shuraif said by phone.
The deal stipulates the construction of the port within about three years and includes building a road for $45 million to transport the minerals to the maritime hub.
The country has been devastated by a seven-year conflict that spurred a humanitarian catastrophe. The project will provide an opportunity for improvement, the official said.
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