Damascus, Jan. 14 (SANA) Syria is entering a new phase of economic and investment activity, centered on a dynamic legislative environment and strategic partnerships aimed at supporting reconstruction and boosting economic growth.
In an interview with SANA, Talal al-Hilali, Director-General of the Syrian Investment Authority, outlined that the government is working to establish a secure and welcoming investment climate, signaling Syria’s commitment to organized economic openness. The strategy also emphasizes strengthening regional and international partnerships.
Al-Hilali highlighted that the new investment law represents a significant breakthrough in policy, offering unprecedented incentives for investors. The law ensures 100% ownership of investment projects and provides stronger legal protections for investments, addressing issues of expropriation that had been a challenge under previous laws.
Additionally, the law allows investors to transfer their profits and funds abroad after they have been reinvested into the project. The Syrian Investment Authority will serve as the main body responsible for implementing the law and facilitating investment processes.
Key Sectors for Investment
Al-Hilali emphasized several priority sectors for investment in Syria, with agriculture leading the list. Historically, Syria has been a regional leader in agriculture, particularly in seasonal crops and the production of wheat, cotton, and vegetables. The infrastructure, construction, and reconstruction sectors are also critical for Syria’s economic recovery and rebuilding efforts.
Since the country’s liberation in 8 December 2024, Syria has focused on attracting both local and foreign investment to support its recovery process following years of war.
