President of the Federation of Indian Export Institutions: Our companies are able to participate in reconstruction in Syria

Damascus - Director General of the Syrian Investment Authority, Medyan Diab met here on Monday with a delegation representing businessmen and representatives of Indian companies chaired by President of the Federation of Indian Export Institutions, Janesh Kumar Quetta.

Mr. Diab, during the meeting, affirmed that Syria has many positive advantages for investment as a result of the diversity of the national economy and its sectors, as it is one of the most promising markets after the end of the crisis, with its potentials and diversified resources and because it is an access gateway to the markets in the region. The introduction of its equipment for the project and its output in addition to customs exemptions.

He presented the delegation with a film representing the Investment Authority, its functions and the investment map in Syria. It shows the strategic way of the Authority and how to simplify procedures before investors and the features of the investment law.

For his part, the head of the Indian delegation pointed to the importance of providing more facilities for investors wishing to invest, especially in terms of procedures, noting that the Indian companies for contracting and engineering and in the fields of solar energy able to participate in reconstruction.

For her part, Deputy Minister of Economy for Economic Development and International Economic Relations, Rania Ahmed, pointed out that the sectors represented by the delegation are large and varied in the fields of energy and renewable energy, and called on the delegation to visit the pavilions of the Damascus International Fair affiliated to the Syrian Investment Authority and the Planning and International Cooperation Authority to learn more about investment opportunities in Syria.

Mrs. Ahmed pointed out that there is a suitable ground for the establishment of all forms of projects, namely the free zones in industrial cities, especially the Hessya Industrial City because of its advantages and geographical location.

The Indian delegation includes businessmen, managers and agents of companies and experts working in the fields of energy, renewable energy, cable industry, tractor industry, heavy machinery, oil companies and others in the rehabilitation and maintenance of plants and manufacturing of fire systems.

 

Sh. Kh.

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