In light of encouragement to establish electricity generation projects based on renewable energies and the Agency’’s endeavor to provide equipment and requirements for these projects, the Syrian Investment Agency granted an investment license for a project to manufacture solar energy panels in the industrial city of Adra at an estimated cost of more than 81 billion Syrian pounds and a production capacity of 150,000 panels annually. .
The project aims to produce high-quality solar panels at reasonable prices that meet the growing demand for them locally and reduce the quantities imported from them.
This project is expected to provide 53 new job opportunities.
قسم: Agency News & Activities
A new investment license in the food industry
The Syrian Investment Agency granted a new investment license for the project of refining and producing vegetable oils and various vegetable ghee in the industrial city of Hassia in Homs governorate, with a production capacity of 10,000 tons per year, and an estimated cost of 41 billion SP, which is expected to achieve 65 direct job opportunities and 150 indirect job opportunities. .
The project achieves a high competitive advantage by relying on modern production lines designed and manufactured by international companies specialized in the field of oil production and refining techniques, so that these technologies are integrated with qualified and experienced human resources, in the production of vegetable oils and fats of all kinds and with production capacities that meet the needs and achieve self-sufficiency.
Announcement to dear investors
Dear investors:
Within the framework of the Syrian Investment Agency’s endeavor to support investors in implementing their projects, accelerating their entry into the production stage, and participating with them in overcoming the obstacles and difficulties they face.
The Syrian Investment agency intends to organize a periodic interactive meeting on the last Thursday of each month, attended by investors / local _ foreign / and representatives of the concerned public authorities. The meetings will take place in the commission – the first floor (meeting room).
In it, the reality of projects is studied, their difficulty is discussed, and appropriate quick solutions are provided.
To participate in presenting your problems, please see the form-form-for-the-investment-meeting, fill it out and submit it either on paper or electronically at the investor services center in the agency located in the old Presidency of the Council of Ministers building or the branches of the agency in the governorates or by contacting the following numbers:
Telefax: 4473015 – 4470067.
You can also download the form as a pdf file from the form-for-the-investment-meeting
For more information, you can contact the Investment Authority page on Facebook:
https://www.facebook.com/SIASyrianInvestmentAgency/
The Agency’s email: syinvest@mail.sy
WhatsApp: 0945888917
The Syrian Investment Agency welcomes you. The success of your project is our success
President al-Assad issues Law No. (2) that includes amendments to some provisions of Investment Law No. (18)
In a statement to Al_ameed_press, Director General of the Syrian Investment Agency in a statement about Law No. (2) of 2023, which includes amendments to some provisions of Investment Law No. (18)
Within the framework of unifying references, the Investment Agency is the only station for the investor.
🔴 Today, President Bashar Al-Assad issued Law No. (2) of 2023, which includes amendments to some provisions of Investment Law No. (18) of 2021, with the aim of finding an appropriate mechanism to avoid institutional restrictions, simplify investment procedures in the field of real estate development, and focus on defining responsibilities and roles between the various regulatory structures concerned with investment, in order to benefit from the exemptions, advantages and facilities granted by Law No. (18).
🔷 In a special statement to Al_Ameed- Press about the amendment of Law 18, the Director General of the Investment Agency, Madian Ali Diab, confirmed that the new amendment would stimulate investment in the real estate development and transportation sector on the one hand and regulate the mechanism for investors to obtain approvals and licenses on the other hand, in order to institutionalize procedural processes, Within an integrated and comprehensive national vision for all development sectors in Syria
🔷 And Diab believes that the amendment of Investment Law No. 18 of 2021 by adding two new sectors, real estate development and transportation, came to achieve national economic goals, the most important of which are:
• 🟢_ Unifying laws, legislative and executive, with one law for investment in Syria.
• 🟢_ Unifying the investment references in Syria and restricting them to the Investment Agency being the only reference for the local and foreign investor, which is charged with following up on its affairs, starting from the emergence of the project until the end of its life span.
• 🟢_ Restructuring the Agency as an institutional entity supervising investment by introducing amendments to the internal system of the Agency and representing its board of directors to carry out all the necessary tasks to simplify the investor’s access to approvals and licenses in the real estate development and transportation sectors within the new vision of Law 18 in this field in terms of procedural simplification, deadlines and low costs .
🟢 _ Allocating and granting real estate development projects that have an investment license under Law 18 with attractive new customs and tax incentives
⭐ Such as exempting imports of building materials and equipment that are not available locally and service means of transport from customs and financial duties and other fees and non-customs additions, provided that they do not exceed:
• ⭐ 50% of the value of investment costs for priority projects
• 40% for projects with social dimensions.
• ⭐30% of the areas special services.
• ⭐ Allowing the temporary admission of its needs of machinery, equipment and vehicles necessary for the implementation of the project.
• 🟢_ Exempting imported modes of transport, mass transport projects and goods .. from customs, financial and other fees and all non-customs additions.
🔷 The Director General of the Agency indicated that the amendment to the investment law was worked on a few months ago to be compatible with the economic situation in Syria and to serve the stage of real estate development and construction in the next stage, and help stimulate this sector, assuring that it has good future results.
🔷 It is worth noting that Investment Law No. (18) created a unified umbrella for investment in Syria, and dealt with the state of dispersion that was in previous laws and unified its reference in a unified law, especially after the transportation sector was damaged as a result of the terrorist war on Syria, which calls for benefiting from the advantages and facilities of Investment Law No. ( 18).
A new investment license for the veterinary medicine industry project in Hama Governorate
At a cost of 6 billion Syrian pounds, a new industrial project in the chemical industries sector
The #Syrian_Investment_Agency granted a new investment license for the veterinary medicine industry project (veterinary vaccines, medical injections, medical powder, hormones…) in the industrial zone in Hama Governorate, at an estimated cost of 6 billion SP and (53) expected job opportunities.
The project comes in light of the Agency’s efforts to launch investment projects that support securing the requirements of the agricultural sector, both animal and vegetable.
So those projects benefit from the benefits, incentives, and exemptions stipulated in Investment Law No. 18 of 2021
A new industrial project in the textile industries sector
The Syrian Investment Agency granted a new investment license for the project of dyeing and preparing acrylic yarns and marketing them in the industrial city in Sheikh Najjar, at an estimated cost of (6.7) billion SP with (26) job opportunities.
The project comes in light of the Agency’s efforts to launch investment projects in Aleppo governorate in order to revive its industrial sectors, especially the textile sector.
So those projects benefit from the benefits, incentives, and exemptions stipulated in Investment Law No. 18 of 2021.
With an estimated cost of 4.7 billion SP # A new project for the manufacture of veterinary medicines
The Syrian Investment Agency grants a new investment license for the veterinary medicine project for injection (vials) in the industrial city of Adra, with an estimated cost of 4.7 billion Syrian pounds and a production capacity of 1.2 million pieces of injectable vials annually. It is expected to achieve 17 job opportunities.
The importance of the project lies in the provision of vaccines for livestock in order to prevent diseases and epidemics that affect this wealth and reduce its transmission to humans.
لمتابعة اخبار هيئة الاستثمار على رابط موقعنا:
In order to appreciate services and efforts made in his work
Today, the family of the Syrian Investment Agency honored Muhammad Majid Barazi, representative of the Ministry of Industry, in the presence of the Director General of the Agency, Madian Ali Diab, and with the participation of a number of managers and employees working in the Agency. The Director General noted the importance of the efforts made by Mr. Barazi and thanked him for his dedication to work throughout his service period. Diab emphasized the importance of appreciating the role of the on-the-job employee to motivate him to give and achieve.
The Director General of the Investment Agency and its employees wish Mr. Barazi success.
