Decree to establish General Authority for Managing Economic & Developmental Zone in Al-Salif & Ras Issa


https://saba.ye/en/news3526984.htm

Yemen News Agency SABA
Decree to establish General Authority for Managing Economic & Developmental Zone in Al-Salif & Ras Issa
[02/ August/2025]
Hodeidah - Saba:
A decree (No. 2 of 1447 AH) was issued by the President of the Supreme Political Council to establish the General Authority for Managing the Economic and Developmental Zone in Al-Salif and Ras Issa, Al-Hodeidah Province.

The decree comprises 24 articles distributed across five chapters as follows:

Chapter One: Name, Definitions, and Establishment
Chapter Two: Objectives, Duties, and General Powers
Chapter Three: Authority Management
- Section One:Board of Directors
- Section Two: Executive Management
Chapter Four:Financial Resources and Financial System of the Authority
Chapter Five:General and Final Provisions

Article (24), the final article of the decree, stipulates that this decree shall come into effect from the date of its issuance and shall be published in the Official Gazette.