Yemen plans to invest $130 million to establish mineral port

Yemen plans to begin construction of a port in the Qashin area of Eastern Mehra at a cost of $130 million within two months, according to Nasser al-Sharif, Yemen's Deputy Minister of Transport.

The government this week approved a deal with Agham Energy and Mining to build the Arabian Sea port in an area bordering the Sultanate of Oman. The deal includes a concession to use the port for 50 years.

The deal provides for the establishment of the port within about three years, and includes the construction of a $45 million road to transport minerals to the port.

The country suffered from a seven-year conflict and caused a humanitarian catastrophe. The official said that the project was an opportunity to improve living conditions.

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