Hisyah Industrial City’s revenues estimated at SYP2 billion since the beginning of 2020

HOMS- Hisyah Industrial City in Homs has managed to achieve revenues estimated at about 2 billion Syrian Pounds since the beginning of 2020, according to the city’s Director, Dr. Bassam Al-Mansour.

 The total number of investors in this industrial zone has reached 880 .14 new investors have started their projects there, Al-Mansour told SANA economic bulletin.

He said that the value of investments in Hisyah Industrial City has grown to 131 billion and 693 million Syrian pounds carried out by 271 industrial facilities with a capital of about 59 billion and 373 million Syrian Pounds. He pointed out that 609 facilities are under construction with an estimated capital of 72 billion and 320 million Syrian pounds. These facilities have provided about 24,000 job opportunities.

 According to Al-Mansour, the government has provided a package of facilitations to investors to help Hisyah Industrial City play a key role in Syria’s industry in the coming period, particularly in the industries that reduce the country’s imports. He also noted the legislative decrees that provide investment incentives and tax exemptions to facilitate production.

Al-Mansour made it clear that Hisyah Industrial City hosts different industries including sugar, vegetable oil, food, fodders, salt, food appetizers, in addition to the textile, dyeing and engineering industries. He said that the zone also includes a service zone that supports these industries and it contains several private and public administrative and service buildings, banks, exhibition halls as well as commercial buildings.

The industrial city also provides healthcare to workers and investors through a clinic that includes the different specializations and it contains a fully equipped fire station, al-Mansour pointed out.

Hamda Mustafa