Granting an investment license for a photovoltaic solar plant project in Damascus Countryside

Economy

The Syrian Investment Agency granted an investment license for a photovoltaic solar plant project with a capacity of 10 megawatts annually in the industrial city of Adra, in Damascus Countryside.

In a statement to SANA, Director of the Syrian Investment Agency, Madian Diab, stated that the estimated cost of the project amounts to 49 billion Syrian pounds, and it is expected to provide a 71-job opportunity. He indicated that the project comes in the light of the Agency’s effort to launch investment projects that support the generation of the electric power, using renewable and clean resources, which reduces the local energy gap and supports the provision of residential and investment needs.

Diab pointed out that these projects benefit from a set of advantages, incentives, and exemptions stipulated in Investment Law No. 18 of 2021, most notably obtaining a tax reduction of 50 percent of the income tax for a period of ten years.

Souha Sulieman

You might also like
Economy

UN , Saudi Arabia Sign Agreement to Rehabilitate Bakeries in Syria

Economy

Minister Mohamed al-Bashir Engages with American Delegation to Explore Gas Sector…

Economy

Al-Kharafi: Gulf Cable and Electrical Industries Group sees promising opportunities…

Economy

A ship carrying 1,834 passenger cars arrives at the port of Tartus from South Korea

.. _copyright: Copyright ========= .. code-block:: none Copyright (C) 1998-2000 Tobias Ratschiller Copyright (C) 2001-2018 Marc Delisle Olivier Müller Robin Johnson Alexander M. Turek Michal Čihař Garvin Hicking Michael Keck Sebastian Mendel [check credits for more details] This program is free software; you can redistribute it and/or modify it under the terms of the GNU General Public License version 2, as published by the Free Software Foundation. This program is distributed in the hope that it will be useful, but WITHOUT ANY WARRANTY; without even the implied warranty of MERCHANTABILITY or FITNESS FOR A PARTICULAR PURPOSE. See the GNU General Public License for more details. You should have received a copy of the GNU General Public License along with this program. If not, see . Third party licenses ++++++++++++++++++++ phpMyAdmin includes several third-party libraries which come under their respective licenses. jQuery's license, which is where we got the files under js/vendor/jquery/ is (MIT|GPL), a copy of each license is available in this repository (GPL is available as LICENSE, MIT as js/vendor/jquery/MIT-LICENSE.txt). The download kit additionally includes several composer libraries. See their licensing information in the vendor/ directory.