Dubai: The role of the private sector in post conflict Yemen was the subject of a closed roundtable discussion in Dubai that was organised by the International Finance Corporation (IFC), Dubai Public Policy Research Centre (b’huth), and the Centre for International Private Enterprise (CIPE).
The discussion that involved a number of business leaders from Yemen and the GCC as well as regional and international experts was part of an effort to discuss the various opportunities available for a recovery of the Yemeni economy. The session, which was held at The Address Dubai Mall, gathered 28 experts from Yemen, the GCC and the international community.
The roundtable discussion explored experiences of the private sector in post-conflict situations – typology, successes, and challenges as well as the associated risk areas: political, legal, and country risk. Experts discussed current, as well as, anticipated opportunities and challenges of the private sector in Yemen, including the very early stages of the post-conflict phase.
Discussions also looked at the role private sector can play in Yemen’s reconstruction and the type of longer-term strategy for public-private dialogue to support executive reforms that will help stimulate Yemen’s private sector to thrive, create jobs, and contribute to stability and sustainable economic growth.
The roundtable was the first step towards creating a Yemen Private Sector Working Group to support the role of Yemen’s private sector in post-conflict Yemen.