Damascus, March 4 (SANA) Syria and Saudi Arabia signed Wednesday a memorandum of understanding aimed at rehabilitating and operating state-owned textile facilities as part of Syria’s efforts to revive its cotton and textile industry.
The memorandum was signed in the presence of Syrian Economy and Industry Minister Nidal al-Shaar and Nabil al-Mazloum, general manager of Kingdom Design Company (KDC), according to the Syrian Ministry of Economy.
The agreement focuses on restoring cotton ginning, spinning and weaving factories and rebuilding the cotton production value chain by strengthening links between agriculture and industry.
The initiative also includes plans to establish modern agricultural cooperatives based on the German cooperative model, aimed at improving coordination between cotton farmers and textile manufacturers.
Under the memorandum, Kingdom Design will prepare a comprehensive set of technical, economic, regulatory and environmental studies to assess the condition of several state-owned facilities.
These include the Cotton Yarn Factory in Latakia, the Latakia Textile Factory, the Modern Coastal Factory in Jableh, the Old Jableh Factory, the Tishreen Factory, the Hasakah Spinning Factory and the Hasakah Cotton Gin.
The studies will evaluate production lines and equipment, estimate modernization costs and develop training programs for about 5,000 workers.
Officials said the goal is to ensure workforce development alongside infrastructure upgrades to support the long-term sustainability of the sector.
Both sides said the memorandum serves as a preliminary framework for cooperation, with detailed and binding agreements expected to follow.
