Important arrangements for major investments in Syria..

Damascus-Syria Steps:

While the BMI Foundation expects Syria’s economy to grow by 2.2% due to increased agricultural production and a stable lira… In addition, there is a continuous desire for change, including in the form of: Economic archives management…

Syria is expected to see a very important investment movement as it is on the cusp of a new phase

According to sources, after 13 years of war and siege, Syria is making important arrangements for the arrival and establishment of important and high-quality investments, which will bring real development to the Syrian economy. Especially since the investment will take more than one path

Some of them are direct investments from Arab capital, especially Gulf capital, and some are investments from local or foreign capital.

Among them, frozen investment projects at different stages of implementation will be transferred. These projects are large-scale projects that have been approved before the war, and are working hard to solve conditions, facilitate implementation matters, and remove obstacles. If some of these tourism projects are truly implemented, they will be able to completely change the face of tourism and take a big step forward in improving tourism absorption and service capabilities.

Participatory projects will emerge in multiple contexts, whether in the infrastructure sector or in the spring and profit economy, and they will have a path that guarantees their birth in a way that confirms their importance, especially in terms of support for the state treasury. The participation of Syrian Airlines is probably at the forefront of these projects, although there are also studies of participatory contracts in other sectors, whether in transportation or in stagnant and crumbling public sector factories and facilities, in a way that allows them to be used for production to employ labor… and provide the state treasury.

Insider comments Column Type : Regarding major projects being carried out by economic groups in many regions (especially Aleppo), while important investment entities are preparing to enter major projects.

“Perhaps it won’t be long before we see the announcement of huge investment projects that will provide a large number of jobs and help divert the attention of young people to them in order to find work and avoid emigrating, especially to neighboring countries where living and working conditions have become difficult,” he said.

He explained in response to questions that the country is witnessing a real renaissance thanks to the launch of these projects, in addition to what cooperation projects can contribute to correcting and increasing wages and in a way that really improves wages and ensures the preservation of an experienced workforce and its remaining personnel.

“We don’t want to portray things as if they’re going to happen overnight, but the announcement of these projects is certainly not going to be delayed, and it won’t be long before we may notice an acceleration,” the source said.

He said that despite all the talk, we must admit that many projects have been built in recent years, factories, service projects, laboratories and agricultural projects, all of which have helped to ensure thousands of jobs and have achieved good wages.

The source confirmed: The country is ready for an agricultural and industrial renaissance with links and networks between the two sectors to achieve high added value… In addition, he also expects a real recovery in the tourism sector, which is expected to become one of the tributaries of the state treasury and an important contributor to GDP.

He explained that Syria has the opportunity to attract hundreds of millions of dollars in large-scale investments that would lead to a major transformation of the Syrian economy and escape its problems.

Pointing out the changes in the approach to restrictions that limit and hinder investments, it was stressed that flexibility will be the theme of the next stage, especially in reducing the number of parties with which the investor deals through the submission of agreements with very clear legal guarantees of his rights and obligations, which will create comfort and security.