Iran submitted a study to the Syrian Investment Authority to set up projects in the field of waste recycling and its use in renewable energies.
The Director General of the Authority, Madian Diab, added to Al-Watan that there are Russian companies also studying the possibility of establishing investment projects in Syria, and there are projects proposed with businessmen from Emirates, to establish renewable energy projects in cooperation between Syrian and Emirati businessmen. The projects have been submitted and coordination is currently taking place with The Ministry of Electricity to discuss the possibility of its establishment.
Diab said that what Syria is missing are agricultural projects, noting that many opportunities have been presented to invest in agriculture, and we have an agricultural industrial project whose licenses are currently being completed, and another for honey production.
And that there are 23 projects that have received an investment license since the beginning of the year according to the new investment law at an estimated cost of (1.246) trillion Syrian pounds, including several areas, including: the manufacture of medical syringes and plastic masks, the production of solvents and raw materials for pesticides and paints, and the production of medical ethyl alcohol, Oil, ghee and vegetable butter, production of acrylic yarns and blended yarns, electricity generation using renewable energy (photovoltaic), production of infant formula, manufacture of silica powder from quartz sand, production of human medicines, phosphate fertilizers, detergents, powder, soap, sterilizers and disinfectants.
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