Saudi Gazette June 27, 2009
RIYADH - Yemen and Saudi Arabia are considering the establishment of an economic city at the Al-Wade’a crossing on the border between them.
The announcement was made during the recent meeting of the Yemeni-Saudi Businessmen Council.
Earlier, Saudi Crown Prince Sultan Bin Abdul Aziz gave an order to conduct a feasibility study for the project.
The idea first came to light in 2006 at a meeting of the Yemeni-Saudi Coordination Council.
The leaders of the two countries welcomed it, with each ordering the relevant authorities in each country to start practical steps including identifying the project site and providing infrastructure and other requirements to bring the project into the light.
Attending the second meeting of the Yemeni-Saudi Businessmen in Jeddah, Minister of Industry and Trade Yahya Al-Mutawakil and his Saudi counterpart Abdullah Ahmed Zenel noted the meeting sought the best ways to transform the idea into a concrete action.
The meeting also provided the businessmen of the two countries with the opportunity to eliminate obstacles facing them and was deemed as a great push to further business cooperation between the two countries, Zenel said. – Saba