Our Vision:
The General Investment Authority- Aden aims to attract local and international investments by providing high-quality investment services through simplifying procedures and necessary services for investors. In addition, the Authority aims at continuous improving in performance and procedures to attract investments in order to achieve sustainable economic and social development.
Our Mission:
The General Investment Authority aims to enhance its efforts in improving the investment environment. It encourages investment and investors by providing services and helping them to benefit from incentives, tax and custom exemptions, promotion and all necessary licenses.
General Investment Authority
The General Investment Authority- Aden was established in May 1992 in accordance to the Investment Law No. (22) 1991.
The General Investment Authority is responsible for regulating and encouraging the investments in the Governorate and helping the investors to register their new investment projects and obtain necessary approvals from official offices.
Project construction stages
Stage of preparation
Issuing decisions of registering investing projects which define the characteristics of the project.
Stage of implementation
Issuing lists of customs clearness for irremovable assets imported for the project with 100% customs exemption.
Stage of operation
The General Investment Authority work to:
- Specify the start of the project activity;
- Issue decisions of addition of the irremovable assets that are imported for the project (in case the project requires);
- Issue lists of exemption of the necessities of imported products (for industrial projects) that are exempted 50% one time in every six months.
In addition to the above-mentioned executive tasks, the Authority conducts required surveys and studies to observe work progress in the registered projects and the obstacles that they encounter and provides consultancy and proper treatments.
The Authority also works in developing its business and performance which can be noticed in the amendments of the Investment Law for the years (1995, 1997) and the issue of Law No. (22) for the year 2002 then the new Investment Law No. (15) for the year 2010 which is valid and in effect to the present time.
The GIA- Aden always strive to provide and improve the investment projects environment.