Approval of a Number of Investment and Development Projects in Lattakia and Tartous

Damascus- The special meeting held at the Cabinet approved the establishment of 11 investment projects in the provinces of Tartous and 4 projects in Lattakia. These projects are to be implemented from the private sector according to incentives in the framework of launching a package of development projects aimed at activating the culture of investment in the local councils because it forms the backbone of economic development.

In a meeting held today under the chairmanship of Eng. Emad Khamis, Prime Minister in this regard, 15 projects were approved in Lattakia and 24 projects in Tartous. These projects are financed by the investment budget of each governorate. The project was attended by the governors of Daraa, Sweida and Quneitra.

Investment projects at the level of the two governorates included the establishment of a concrete factory, a project for the production of protected agriculture supplies, veterinary and agricultural medicines, beach fish, a project for sorting and packing fruits and vegetables, a plant for the manufacture of medicinal and herbal compounds and flowers, a project for the extraction of sea salt, a storage plant for grain, plastic fruit packing plant and an eco-tourism project.

Projects at the level of administrative units included “projects for the production of agricultural mushrooms, construction of buildings, commercial and investment shops, storage and cooling units, bee breeding and small mills.

Eng. Khamis explained the importance of laying the sound foundations for the local councils to take their developmental role in each governorate. He stressed that these projects are considered as an essential step for achieving development and contribute to creating jobs and creating local development at the level of regions and administrative units.

The meeting was attended by Ministers of Agriculture, Internal Trade, Consumer Protection, Local Administration, Environment, Transport, Finance, Economy and Foreign Trade, Chairman of the Planning and International Cooperation Authority, Secretary General of the Cabinet.

In a statement to reporters, Lattakia Governor Ibrahim Khider al-Salem pointed out that the 15 projects approved will benefit the administrative units and the local community.

For his part, the governor of Tartous Safwan Abu Saadi said that the development and investment projects in the province will constitute a significant developmental leap, pointing to the granting of aids to the administrative units in order to launch development projects and complete meetings with businessmen in the province to be implemented.

Sh. Kh.