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European Businessmen Show Enthusiasm to Establish Investment Projects in Syria

Minister of Economy and Trade Dr. Mohammad Nidal al-Shaar said “Syria is open to all forms of investments and welcomes unlimited partnerships with outside investors.”

Meeting a European businessmen delegation at the Syrian Investment Commission on Tuesday, Minister al-Shaar referred to Syria’s potentials of its strategic, geographic position and its relationship with neighboring countries and Europe which enable it to be among the pioneering economic powers in the world.

He added that Syria has entered a new stage of the reform process and the Syrian government is working hard to meet its requirements, particularly in terms of providing the appropriate investment atmosphere.

Minister al-Shaar described the European delegation’s visit as good and a continuation of the process of deepening economic, social and cultural relations and the Syrian government efforts to attract foreign investments.

He said the meeting aimed at exchanging viewpoints and deepening communication to pave the way for establishing strong economic relations and joint investment projects.

For his part, Head of the Syrian Investment Commission briefed the delegation on the Commission and its role in creating an appropriate investment environment in Syria to achieve sustainable development and encourage investments which contribute to enhancing economic and social development.

The delegation members expressed desire and enthusiasm to establish investment projects in Syria.

In a statement to SANA, Head of the delegation Suleiman Mahmalat said the proposed projects include the fields of alternative energy, agricultural industry, tourism and tourism centers to train cadres for hotels, infrastructures and communication.

The delegation includes 47 businessmen from Italy, Romania, Sweden, Britain, Switzerland and Belarus, in addition to representatives of companies specialized in alternative energy, improving hospitals and tourism investments.

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