Official data confirm the poor state of state-owned industries and, beyond, of various business sectors in the country.
A Russian company has taken control of Syria’s only fertilizer plant under a long-term deal that sees the entire fertilizers supply chain fall outside Syrian hands.
A Syrian Government entity has listed a number of projects it wants to offer to private investors under public private partnership deals, although it is unlikely to have much success.
Data from the Ministry of Industry indicate that investment in manufacturing, which is already very low, declined in the first half of 2018, contradicting official statements on an economic recovery.
Russia is set to take hold of Syria’s large fertilizers complex near Homs, an opposition media has reported.
A Presidential decree has exempted Syrian manufacturers from the payment of fees for the construction of their factories.
The imposition of new duty fees has disrupted Syria’s car assembly sector, which despite being very small had even started assembling Toyota cars.
Several hundred small workshops and factories have restarted operations in the industrial zone of Idlib, a local media has reported.
A German company is to restart the operations of a plant it operates in Syria after years of stoppage.
Data from the Ministry of Industry seem to confirm an increase in manufacturing investment, although most new projects remain very small in size.
The Syrian government has adopted several trade measures to encourage the textile industry, a major sector of activity in the country.
Egyptian President AbdulFattah Al-Sisi inaugurated last week near Cairo a large textile plant by one of Syria’s most prominent industrialists, who looks set never to return to his home country.
The combined number of cars assembled by Syria’s five car assembly plants reached a mere 499 cars in the first 11 months of the year, a reflection of the dismal situation of the market and of the purchasing power of the population.
The Ministry of Industry has reported an increase in the number of industrial concerns that began production this year.
Syria’s car assembly plants produced a combined 1,500 units so far this year, according to a local media.


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