Aleppo, Feb. 26 (SANA) The Ministry of Economy and Industry signed four memorandums of understanding (MoUs) and cooperation protocols with several investment entities in Aleppo on Thursday. The signing ceremony was attended by Minister Nidal al-Shaar, Deputy Minister Basil Abdul Hanan, and Aleppo Governor Azzam al-Gharib, alongside senior officials specialized in investment and industrial development.
The agreements focus on the establishment and development of expansive industrial zones in Kamouneh, Sheikh Najjar, and Jabrin. Covering millions of square meters, these zones will feature diverse development models, including mixed-use areas and sector-specific industrial clusters.
Dr. Mazen Derwan, Chairman of the Federation of Syrian Chambers of Industry, stated to SANA that these MoUs are expected to create tens of thousands of jobs. Key projects include a specialized city for the labor-intensive furniture industry in Jabrin, which will integrate modern technology, and a strategic initiative to bolster the textile industry. He emphasized that these agreements will broaden Syria’s industrial base, boost exports, and significantly reduce unemployment.
Eng. Muayyad al-Banna, Director of Industrial Cities and Zones, detailed the specific agreements:
The First MoU: Signed with “GrowFast” to establish a 20-hectare specialized furniture industrial zone in Jabrin (East Aleppo).
The Second MoU: Signed with “Asos” for the development of a second industrial zone within the Sheikh Najjar district.
The Third MoU: Signed with ” Takween Advanced Industries ” (operating in Saudi Arabia) for the further development of Sheikh Najjar’s industrial infrastructure.
The Fourth MoU: Signed with the Turkish “Isra Holding” to develop industrial parks in Kamouneh (Northwest Aleppo).
This package represents one of the most significant industrial investment milestones for Aleppo. Due to the vast scale of the land and the diversity of the development models, these projects are poised to become primary drivers of national economic recovery and industrial growth.
