Businessmen and experts discuss the private sector vision to revive economic activity in Aden

Businessmen and experts discuss the private sector vision to revive economic activity in Aden

A number of businessmen, economists and researchers discussed the private sector vision for reviving economic activity in Aden governorate in a discussion session organized by the for Studies and Economic Media Center (SEMC) and the Yemeni Business Club (YBC), in cooperation with the Economic Reforms Team (ERT).

Participants in the session prized the vision prepared by SEMC on the economic reality of the governorate. The vision is presented in the form of a detailed matrix that dealt with the economic environment, resources and the impact of the war on the economic foundations of the governorate.

It also addresses the opportunities and challenges to the advancement of the economic situation in Aden in the forthcoming phase.

Inaugurating the session, Chairman of the Aden Chamber of Commerce and Industry, Abu Bakr Ba Ubaid, talked about the difficult economic situation that the governorate of Aden and the country in general are going through, the volume of the challenges and the need for concerted efforts to face these challenges.

He called for a full partnership between the private sector and the government in the economic decision-making processes in the country, since the private sector is the main partner for economic development and advancement.

He underscored the fact that economic decisions should be taken by specialists in the economic field, so that we could face the challenges and obstacles faced by the private sector.

Ba Ubaid pointed out that the private sector was the main and essential partner in moving the wheel of the economy and achieving development. He added that in order to face the challenges to the private sector, concerted efforts should be made through partnership between all constituents, including local authorities, the private sector and civil society organizations, stressing the need to improve management as a first step if any economic advancement in the country is to take place.

For his part, Vice President of the Businessmen Club, Tala’t Abdulaziz, said that this meeting came as part of a series of similar meetings targeting the governorates of Aden, Taiz, Hadramout and Marib.

He pointed out that the meeting aimed to shed light on the economic situation in Aden governorate in view of the current situation through an analytical economic matrix, diagnosing the challenges and obstacles, and proposing solutions to them.

Abdulaziz added that the session aimed to discuss the economic situation in the governorate in all its aspects, based on the economic environment, resources and impact of the war on the economic fundamentals.

He further stated that it also aimed at discussing opportunities and challenges in order to come up with a clear future vision to advance the economic situation in the governorate, emphasizing the need for interaction and active participation, and putting forward recommendations to develop economic visions to enhance the economic activity in Aden governorate.

The themes put forth in the economic matrix were discussed during the session, including, security, development and economic activity, public services and infrastructure, and government development and administration.

Participants also discussed the development of visions, solutions, investment opportunities, facing the current and future conditions and the mechanisms to be employed during the next phase.

It is noteworthy that SEMC is a non-profit civil society organization promoting a successful and transparent economic system through raising the citizens’ awareness of economic and development issues, and enhancing transparency and good governance, as well promoting professional media.

The Center possesses previous experience in this type of training. It has implemented a previous program that targeted a number of journalists in cooperation with UNESCO. Due to the limited budget, we were unable to take all the requests submitted by journalists.
Training will be carried out by two trainers: a trainer specializing in physical and professional safety and will be selected based on the following criteria:

  • She/he must have experience in training in this field for more than five years,
  • shall be an experienced journalist who has worked for more than ten years in this field,
  • holds a training of trainers (TOT) certificate.
    The other trainer is a specialist in digital security, and will be selected based on the following criteria:
  • She/he must be an expert in digital security,
  • has worked in this field for a period of more than 10 years, and
  • possesses training skills.