The Supreme Investment Council discusses the reality of implementing projects that have obtained an investment license in accordance with Law 18

Economy

Damascus (ST): During its meeting, headed by the Prime Minister, Engineer Hussein Arnous, the Supreme Investment Council conducted a follow-up to the reality of the implementation of investment projects that obtained an investment license in accordance with the provisions of Law 18 of 2021, which numbered 32 projects at an estimated cost of 1.357 trillion Syrian pounds and provides 2,875 job opportunities.

The projects that obtained an investment license are concentrated in the sectors of the food, chemical and textile industries, renewable energies, medicines, medical supplies, baby milk production, wood industry, building materials, paper and metal industries, detergents, oils, fats, phosphate fertilizers industry, in addition to wheat milling, manufacturing, production and preservation of fruits and food appetizers, manufacture of chargers of all kinds, laptops and transferring data, services, etc.

The Council of Damascus Governorate also agreed to start negotiations with the company wishing to invest the site of the 47th division project in the Baramkeh area, and the areas to be added to the 1937 property in Burj Islam in Latakia for the benefit of the Ministry of Tourism, and the investment of a three-star heritage hotel in the center of Hama city.

The council decided to allow the temporary entry of limited numbers of cars for tourism projects whose value exceeds 30 billion pounds and those contracted with public authorities and administrative units and duly certified in accordance with the decisions of the Supreme Council for Tourism.

K.Q.

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