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Syrian Arab News Agency (SANA) > Latest News > Economy > Damascus and Riyadh explore enhanced industrial cooperation

Damascus and Riyadh explore enhanced industrial cooperation

1 month ago
Damascus and Riyadh explore enhanced industrial cooperation

Syria and Saudi Arabia are signaling growing interest in industrial and economic cooperation, with officials from both countries highlighting opportunities in technology transfer, industrial investment, and support for small and medium-sized enterprises.

During a visit to the National Industrial Development Center (NIDC) affiliated with the Ministry of Industry in the Kingdom of Saudi Arabia, Syrian Deputy Minister of Economy and Industry Basel Abdel-Hanan, stated that expanding collaboration in industrial development could help modernize Syria’s production capabilities and open the door to new investment channels.

 He noted Saudi Arabia’s rapid industrial advances as a potential model for technology-sharing initiatives and joint projects.

Saudi officials, for their part, expressed readiness to back Syrian industrial efforts, saying enhanced coordination could deepen economic ties and support long-term integration.

Areas of potential cooperation include developing industrial infrastructure, exchanging technical expertise, and supporting programs aimed at small and medium-sized manufacturers.

The discussions come as Syria participates in the 21st General Conference of the United Nations Industrial Development Organization (UNIDO), held in Riyadh with delegations from 173 member states.

Damascus and Riyadh explore enhanced industrial cooperation
Damascus and Riyadh explore enhanced industrial cooperation
Damascus and Riyadh explore enhanced industrial cooperation
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