Yemen

The strategic location of Yemen, between the Red Sea and Indian Ocean, allows for the easy accessibility of oil to the worlds’ tankers. As a nation ripe for development, Yemen offers Inexpensive labor as compared to most developed countries today. With the implementation of tax incentives for foreign investors, the investment climate of Yemen has gained rapid momentum in the past decade. The country’s geographical situation between Europe, Asia and Africa renders it a regional and international business hub with global market access.

Along its extensive 2,200 km coastline, Yemen’s well equipped Port of Aden, Free Zone and other neighboring ports are interlinked as some of the most occupied shipping lanes across the globe. Most remarkable to note is nearly half of the world’s cargo traffic passes within Yemeni international waters. Yemen is eager to attract foreign direct investment, and the country’s Investment Law does not distinguish between domestic and foreign investors, creating no requirement for foreign investors to partner with local companies or nationals, unless they seek to establish a company with wholly or partly unlimited liability.

Yemen’s economy offers progressive latitude for companies and individuals who are seeking investment opportunities in the region. In an attempt to gain a better foreign attraction and market, the government of Yemen has streamlined its investment procedures and laws, facilitating foreign investment in the majority of its sectors. The country offers worthwhile opportunities, catching the attention of foreign investors who are exploring dynamic markets for foreign investment and trade in this emerging region.