1st Economic Conference on Productive Family: Supporting Small Projects and Providing Services

Damascus – The First Economic Conference on the Productive Family was held here at the Dama Rose Hotel by the Islamic al -Fateh Complex in cooperation with the Damascus Chamber of Commerce, the National Union of Syrian Students and the Higher Institute of Business Administration “HIBA”.

The conference focused on the role being played by the family as a nucleus for small projects and a foundation for development and challenges of the crisis to strengthen the role of the local administration to support and encourage small enterprises and accelerate the development of a national strategy to support these projects and activate the work of Small and Medium Enterprises SME, providing services, responsibilities and tasks assigned to this establishment to achieve the required goals.   

The participants in the conference called for the establishment of associations of small enterprises at the sectoral and regional levels, the adoption of an investment map for small and family projects, ensuring bank guarantees, mapping out a plan for micro and family loans in local communities in rural and urban areas and encouraging low-income owners to save and benefit from financial services.

More than 40 researchers took part in the deliberations of the conference. The Head of the Damascus Chamber of Commerce, Mohammed Ghassan Al-Qalaa, underlined that the chamber supports small enterprises and is developing them due to their role in the economic recovery.

For his part, Head of Economics Department at Al Fateh Complex, Dr. Amer Kharbotli, pointed to the great importance of this type of project as a Syrian economic bet in the future, which requires all components and elements of its development and empowerment.

 The opening ceremony was attended by Awqaf Minister, Mohammed Abdul Sattar Al Sayed, and a number of businessmen.

Sh. Kh.