Food & Agriculture
Syria recently extended until February of next year a tender to purchase 44,000 tons of rice from world markets.
Syria’s wheat crop is estimated to have reached some 3.8 million tons after initial forecasts had raised fears it would be at a much lower level.
Syria’s state-owned water bottling company has reported profits of SYP 254 million in the first three quarters of this year as it plans to capitalize on its monopoly status to expand capacity.
The price paid by the Ministry of Agriculture to farmers growing cotton will remain stable this year.
Syria has contracted a Ukrainian State company, Hlib Investbud, for the purchase of 100,000 tons of soft wheat, according to press reports.
Syria’s pistachio crop is expected to reach 63,000 tons, according to Hassan Ibrahim, head of the Pistachio bureau in the Ministry of Agriculture.
Syria has signed an agreement for the purchase of 500 farm tractors from Iran.
In a bid to slow the increase in the price of meat in the local market, the Ministry of Economy has suspended the export of sheep of which Syria is a major exporter throughout the Middle East.
The Syrian President has issued a decree establishing a new fund that is projected to help local farmers cope with future major droughts.
Syria plans to cultivate some 5.7 million hectares of arable land in the 2011-2012 season, according to the plan of the Ministry of Agriculture.
Syria’s production of citrus fruits for 2011 is forecast at 1.12 million tons, according to the Ministry of Agriculture.
Syria forecasts its seed cotton production to rise to 714,000 tons for the 2011-2012 season, well above the previous season's production of only 472,000 tons.
Syria will purchase 100,000 tons of soft wheat from Romania, while this year’s wheat crop is now estimated at below 3 million tons, lower than previous forecasts of around 3.5 million.
The General Establishment for Cereals Trade and Processing is importing 200,000 tons of soft wheat this year in order to meet quality requirements at its mills, according to the company’s management.
Iran’s Tosee Siloha is to build four new grain silos in Syria at a cost of SYP 6 billion, according to the Director General of the General Company for Silos, AbdulLatif Al-Amin.
2nd International Finance Markets Investment Forum 2011
Sheraton Hotel Aleppo
Damascus International Fairground