Syria, Turkey explore industrial investment opportunities

Damascus, Jan.8 (SANA)TheSyrian Investment Agencyhead Talal Hilali met on Wednesday with a delegation of Turkish companies specializing in the establishment and development of industrial cities and border free zones.

The talks focused on boosting economic and trade cooperation between the two countries and expanding investment opportunities in Syrias industrial and infrastructure sectors.

The meeting reviewed several promising investment opportunities in Syria, including projects to establish new industrial cities and expand railway networks across the country. The aim is to boost commercial activity, improve logistics, and facilitate trade between Syria and neighboring states.

Hilali gave a detailed presentation on Syrias investment law, highlighting the significant incentives it offers investors, particularly in tax-exempt sectors. He also underlined the agencys role in streamlining administrative procedures and coordinating with other government bodies to support investment projects.

Turkish company representatives expressed strong interest in Syrias available investment opportunities, particularly in vital sectors such as industry and transport. They voiced their willingness to strengthen cooperation with the Syrian Investment Agency to pursue strategic projects that would contribute to the development of the countrys industrial and infrastructure base.

MHD

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