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YemenOnline >> Economic & Business

Yemen's arrangements to construct a US$ 40 million-new-commercial port in Socotra Island.

YemenOnline. Feb 08, 2009 - Yemen intends this year to commence construction works for establishing a new commercial port on the island of Socotra over a total of 60,000 square meters area.

 Khalid Al-Wazeer, Yemeni Minister of Transport, said that all technical studies and designs have been made and that the ministry is currently finalizing its arrangements to make invitation of bids for international companies to construct Socotra commercial port, at a cost of US$ 40 million financed by the Kuwaiti Fund for Development.
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