Damascus, May. 12 (SANA) The Syrian Grains Establishment signed a memorandum of understanding with Saudi Faz Investment company on Tuesday to launch a long-term partnership focused on rehabilitating and operating several grain mills across Syria.
The agreement was signed by Hassan Al-Othman, director of the Syrian Grains Establishment, and Faisal Abdullah Al-Khalidi, chairman of Faz Investment, at the headquarters of the Ministry of Internal Trade and Consumer Protection in Damascus.
According to the Ministry of Economy and Industry, the memorandum includes a comprehensive modernization program that will introduce advanced production lines, modern equipment and updated technologies aimed at improving operational efficiency and increasing flour production under a public-private partnership framework.
The agreement also covers rehabilitation and maintenance work, installation of modern machinery, and the development of flour and semolina production systems.
The first phase of the project includes the rehabilitation and operation of 11 mills, including Al-Yarmouk mill in Daraa province, Al-Rasheed mill in Raqqa province and Idlib mill in Idlib province.
Officials from both sides described the project as an important step toward supporting the national economy and strengthening food security by increasing production capacity.
The initiative is intended to support Syria’s grain sector, which has faced challenges in recent years due to declining cultivated areas linked to climate conditions and damage to agricultural infrastructure, storage facilities and transport networks.
kA.RK
