Investment Volume in Industrial Cities Tops SP 535 Billion

Damascus, (SANA) - Director of the Industrial Cities, Eng. Akram al –Hassan, stated that the volume of investment in the industrial cities reached 535 billion Syrian Pounds (SP) while the total volume of work performed with respect to infrastructure reached 30 billion pounds, stressing that investors' appetite for the subscription  increased by about 50 percent after the issuance of the decision to amend the investment system.

 Eng. al -Hassan said in a statement that the city of Adra ranks the first place in terms of investors' appetite for subscription which increased by more than 50 percent compared with the previous years, whereas the rate of investment in the city reached to 90 percent, pointing out the cessation of some plants (15 percent) in the city of Adra as a result of current conditions while the number of plants that are ongoing in production is 650.

Concerning the ratio of investment in the industrial city of Hesya, Eng. al –Hassan clarified that the rate of investments amounted to 50 percent with 116 plants, including 70 plants in production, pointing out that some plants operate around the clock and some are working 8 hours and others work for one day and stop two days depending on the circumstances.

He stressed that the investors who are still on top of their work in the town of Sheikh Najjar in Aleppo does not exceed 10 percent, noting that the city was including 850 plants, including 100 plant only in production, while there are four plants in production in the city of Deir ez-Zor including 6 plants produce milk, cheese, pastries, feed and PVC pipe. He  explained that investments in the city of Deir ez-Zor was troubled from the start and current events made the situation more worse.

Regarding the new industrial zones, the director of the cities confirmed that the decisions of creation issued by the ministry for three areas including Um al –Zeitoun in Sweida Governorate, Tal Kalkh in Homs and Al –Roweiha in Idleb.

 The Ministry of Local Administration has issued amendments to the system of creation and investment of industrial zones provided to allow the opening of a special budget of each region and the formation of a committee comprising representatives of the concerned bodies for the creation of industrial zones, investors and giving more flexibility in the mechanism of the subscription.

Sh. Kh.

Chambers of Agriculture Provides Facilities for the Export of Pistachios

HAMA,  (ST) - Head of the Federation of Syrian Chambers of Agriculture, Mohamad  Kashto, underlined that there is a plan to provide all facilities to the farmers to export their crop of pistachio during the season in order to prevent smuggling and to give identity to this Syrian product that is ranked first in the world in terms of taste, flavor and shape.
During a meeting in the presence of  the head and members of Hama  Chamber of Agriculture, Mr. Kashto called for the exporters to obtain a certificate of origin from the Chambers of Agriculture and the endorsement of the office of pistachio calling to take the necessary measures to ensure the successful harvest and marketing of the crop of the season for  the current agricultural and to be exported externally within international standards.

For his part, Head of Hama Chamber of Agriculture, Khaled Mari’, predicted the production of the governorate of pistachios to reach about 30 thousand tons, pointing out that the Chamber of Agriculture of Hama was the first to add a private label the geographical origin of the pistachio among the governorates in order to inform the world that the product is of Syrian origin.

It is noteworthy that the quantities of exported pistachios from Hama during last season amounted to 1,200 tons of core fruitsof pistachios and 1836 tons of pistachio with the shell to several Arab and European countries, amounting to 1.9 billion Syrian pounds.

 

Sh. Kh.

EDPA calls for Participation in Iran Autumn Festival

DAMASCUS, (ST) – The Exports  Development and Promotion  Authority (EDPA)  called owners of economic and commercial activities to install their participation before the 15th of the month in Iran Exhibition and Autumn Festival which will be held in the city of Mashhad, Iran.

The EDPA explained that the exhibition which will be held between 12 and 20 next September in the city of Mashhad is specialized for sale and display together and includes sections for clothing,  bedspreads, blankets, curtains, cosmetics, perfumes, shoes, traditional jewelry, house wares and  kitchen utensils.

The EDPA confirmed that in cooperation with the Federation of Syrian Exporters (FSE)  and support of the participation of Syrian companies indicating that the price per square meter in the exhibition-equipped in terms of EUR 140 whereas the EDPA and the FSE bear 100 Euros for each meter while each company bear 40 Euros.

SH. Kh.

Industry Ministry Reconsiders National Strategy to Develop Small, Medium-Sized Enterprises

DAMASCUS, (ST)- Ministry of Industry recently revealed that the Syrian Business and Enterprises Center (SBEC) has re-formulated the national strategy for the development of small and medium-sized enterprises in order to fully fit with the requirements of the stage and the challenges that have arisen about in the light of the Cabinet's directions.

The ministry showed that the objectives of the strategy focused on uniting the efforts of the parties concerned within the framework of a unified work and developing the Syrians' vision towards private enterprises and ensure data on small and medium enterprises. 

The strategy assumed creation of the national commission for small and medium-sized enterprises as an essential step to be carried out so to coordinate and implement the strategic orientations of the proposed projects between all government agencies concerned.

The ministry has proposed the adoption of a strategy of small and medium enterprises to provide the initial ground work to improve the private business in the sector of small and medium-sized enterprises. The ministry  called for waiting to create  the small and medium-sized enterprises' board, upon providing an integrated vision on the mechanism of creation the board and its functioning.

Regarding the financing by the Central Bank of Syria for small and medium enterprises, the study included the importance of the small and medium enterprises and a description of the reality of the moment in Syria and its ability to obtain the necessary funding for the exercise of their activities and procedures of the Central Bank of Syria to support this sector with revenues and a set of proposals to support and revitalize the work of small and medium enterprises.

The study examined the integration of small and medium enterprises and micro enterprises at the same time and this subject is not just economically. The process of dealing with micro-enterprises are quite different from the mechanism to deal with small and medium-sized enterprises from the state policy towards business strategy.

With regard to the proposal of funding for small and medium enterprises, the ministry showed that the central bank introduced an appropriate proposal for the funding process, but the proposal did not accompanied by a study of the expected impact to approve the funding mechanism.

It is necessary to prepare a study to evaluate  the impact according to two models, the second takes into account lower interest rates with the separation of interest rates between micro projects, small and medium-sized enterprises as well as to develop a proposal for an Islamic financing mechanism for these projects in order to reach the largest possible number of customers.

Concerning the future proposals, the ministry suggested the adoption of a strategy of small and medium enterprises to be the core vision for the development of the legislative and regular framework to convert these projects to a private joint-stock or normal companies.

Sharif al -Khatib

New Industrial Zones to be Established

DAMASCUS, (ST) - Director of the Industrial Cities, Eng. Akram al -Hassan, stated that the volume of work performed in all industrial cities reached until the beginning of last April to 530 billion Syrian Pounds (SP), mostly concentrated in the industrial cities of Adra and Hesya.

Eng. Hassan said in a statement that the industrial cities that were established after 2004 attracted many investors and about 50 percent of the specific areas were occupied, pointing out that the number of invested enterprises in the industrial cities all up to about 200 properties.

The Director pointed out that it was the finalization of the draft decree on the creation of the industrial city, which has been approved recently to be set up in the area of Jbab in Daraa governorate on an area of up to 250 hectares for the establishment of heavy and medium industries of multipurpose.

Concerning  the three industrial areas that have been approved to be set up, Eng. Hassan  clarified that the decisions have been issued by the Minister of Local Administration and organizational charts and procedures for the acquisition and implementation of some infrastructure projects are prepared , pointing out that it was the demand of the governorates concerned began to prepare a timetable for the implementation and put them to invest and later the ministry will be communicated to the need of areas of the appropriations to be monitored in the coming years budgets.

He pointed out that the first area will be in the region of Talkalkh in Homs Governorate on an area of 50 hectares initially and the second in the area of Umm al Zeitoun in Sweida Governorate on an area of 728 hectares. Thearea will be allocated to industries of second and third sorts with a financial contribution from the ministry amounted to 50 million Syrian pounds of credits allocated to them in 2013 and the third in the area Alrweiha in Idleb Governorate on an area of 74 hectares for the establishment of agro-industries, medium and light.

The Director of the Cities said that the ministry follows up with the concerned authorities the implementation and financing of industrial zones amounted to 25 areas that have been selected in coordination with the Ministry of Industry, the governorates, the General Union of Craftsmen and the Federation of Chambers of Industry and Commerce.

These areas must be given more attention,  follow-up, providing the necessary funding to implement and invest and develop in order to accommodate small, medium, large and non-polluting industries.

 “The creation and investment system of industrial zones has been modified and it was circulated to all ministries, governorates and bodies concerned explaining that the amendment included various options to make financing and investment industrial zones including opening a special budget of each region and the formation of a committee comprising representatives of stakeholders, investors and give more flexibility to facilitate and accelerate the completion of procedures and investment,” Eng. Hassan concluded.

 

Sharif Al -Khatib