Aden Signs Investment Support Pact
The article discusses the signing of a coordination agreement between the General Authority for Investment and the Supreme Authority for Pharmaceuticals and Medical Supplies in Aden. The aim is to facilitate and streamline investment procedures in the field of pharmaceutical manufacturing and medical supplies locally. The agreement seeks to establish a unified and transparent pathway through a single-window system to support the creation and expansion of industrial projects, localize data, reduce redundant procedures, and unify licensing requirements. It includes organizing procedures for factory registration, expansion plans, requests for equipment and raw materials, as well as addressing technical and procedural obstacles. The agreement also defines the responsibilities of each authority and sets clear timelines for processing transactions. The overall goal is to enhance domestic production and support pharmaceutical and health security in Yemen.
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