“Investors’ Digital Platform” an important national project to encourage investment

Syria’s Investment Law No. 18 for 2021 secures an attractive investment climate for local and foreign investors through providing a package of facilitations and incentives that include taxes and custom fees. This helps expand the base of production and services, boosts the economy and increases economic growth rates.

Implementing the “Investors’ Digital Platform” project comes as part of the executive mechanism of this law.

Director of the Syrian Investment Agency (SIA) Midyan Diyab said in a statement to SANA that the “Investors’ Digital Platform” is an important national project to facilitate investment and that the process of carrying out the project of the digital transformation of the investment platform needs to be accelerated, particularly after the agency has completed the analytical study of this project.

He explained that the Investors’ Digital Platform aims at achieving a positive transformation in the facilitations and services that are provided to the investors through developing an integrated electronic platform that connects between all government parties and enables the investors to complete their transactions easily.

According to Diyab, the success of this project depends on the collective efforts of the concerned public and private parties and on their cooperation and coordination. He clarified that the starting point of the project will be the investors’ guide that has been issued by the investment agency.

The first stage of the project will include linking all the concerned parties to each other and to the investors’ service center at the SIA through “the Electronic Approvals Gate”, he said.

Hamda Mustafa