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ADEN: India is willing to set up an investment bank in the capital of Sana'a and its branch in the Aden Free Zone, Indian ambassador to Sana'a Mr R M Aggarwal said.

During his meeting with the Deputy Chairman of the Free Zones General Authority and the Head of the Aden Free Zone (AFZ) Mr Abdul-Jalil al-Shuaibi, the Indian diplomat said that the establishment of the bank is to meet with growing requests of Indian com panies to invest in Aden.

Moreover, Mr Aggarwal extended an invitation to the AFZ's Head to take part in the International Trade Fair to be held in New Delhi from 14 November, noting that about over 20 countries and 150 international companies would participate in the fair.

He also expressed his country's readiness to offer training courses and specialised programmes to a number of the AFZ's cadres, indicating that the first group could be sent in March 2009.

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