Syrian higher investment council approves 83 projects for Syria and Arab investors

The Syrian higher investment council held by the prime minister Muhammad Mustafa Miro on Thursday held a meeting in which several investment issues were discussed.

The meeting was attended by the deputy premier for services Muhammad Naji al-Otari, cabinet ministers, members in the committee and officials and directors concerned.

The higher investment council discussed the memorandum submitted on projects submitted by ministries concerned to be included within the rules of law no 10 on encouraging investment. The law was issued in 1991. The memorandum includes industrial and agricultural projects and others in the area of irrigation and transport.

The participants in the meeting discussed the economic feasibility of these projects, their costs, time set for its completion and their operational capacity.

The council approved the operation of 83 projects for Syria, foreign and Arab investors. These includes projects on dairy production, olive oil refining, textiles, sprinkler and drip irrigation systems,, fruit packaging project, projects to carry out a village for shipping and cargo at the Damascus international airport and other projects in passengers and commodity transport.