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Following the accomplishing
of the blessing Yemeni unity on 22nd May,
1990. Aden was appellate and designated as
the Economic and Commercial Capital of The
Republic of Yemen.
The Government put in its mind to benefit
from Aden potentialities (Geographical, Economical,
Humanistic and Historical) among its economic
tasks priorities. Its development and qualification
for the establishment of full-integrated Free
Zone which makes Aden as Hub for international
Trade and supporting various country's income
recourses within a free economic policy.
On 3rd January 1991, a joint meeting was held
in Aden between the Presidential Council and
the Council of Ministers, The Resolution No.
(209) of 1991 was issued by the meeting. Announced
that Aden is a free Zone and the procedures
to establish an Authority for the Free Zones
Administration.
On 25th April, 1991, Republican resolution
No. (49) of 1991 was issued concerning the
establishment of Yemen Free Zones Public Authority.
The Resolution sated that the Authority is
a Body enjoying financial independent, and
comes under the direct supervision of the
Prime Minister; its Header quarter is situated
in the city of Sana'a. The resolution specified
duties and responsibilities for managing,
investing and developing the free zones that
are created in the Republic.
On 1st April 1993. The Free Zones Law No.
(4) was issued stated that,"By virtue
of the Provisions of this Law, a Free Zone
, converting the city of Aden shall be established.
The Free Zones system shall be applied therein
by stages. The Council of Ministers, by a
resolution published in the official Gazette,
shall prescribe the Geographical boundaries
of the Free Zone and the locations where the
application shall commence and the date thereof"..
On 25th April, 1993. The Prime Minister's
Resolution No. (65) of 1993 was issued, sets
out the locations and their geographical boundaries
the application of the free Zone system shall
be commenced. The resolution specified (15)
sites in the Aden Governorate to create the
free Zones development projects in accordance
with the proposals of the Aden Free Zones
master plan. The total area of these sites
is ( 32348) hectares. |
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