Syria has signed a safe skies deal with all of Cyprus, Lebanon, Jordan and Egypt.
Syria has signed an agreement to borrow from the European Investment Bank (EIB) a EUR50 million loan to help the expansion and modernization of Tartous port, the country's largest port.
Makram Obeid, Minister of Transport, said that the capacity of Damascus Airport, currently of 2.5 million passengers a year, would be increased to 3.5 million in 2005, to 5 million in 2008 and to 10 million in 2010.
The Netherlands has provided Syria's Transportation Ministry with EUR2 million in grants to finance the purchase of seven ships which will join Syria's fleet.
Al Sham, one the largest shipping companies in Syria, announced the launch of its second multipurpose container (MPC) vessel, Ramitha, during the meeting of its newly elected Board of Directors on November 16.
Syrianair has reported pre-tax profits of SYP352.5 million (USD6.78 million) in the first half of this year out of a total turnover of SYP6.8 billion (USD130 million).
Mahmoud al-Agha, Director General of the Tartous Port Co, announced a surge of over 77 percent in the volume handled by the port in the first 10 months of the year, according to Al Baath, the state-owned daily.
The transport sector continues to benefit from the favours of Syria's economic decision makers.
The first half of the year has seen a growth of 13.6 percent in passenger traffic at Syria's five airports (Damascus, Aleppo, Lattakia, Deir-ez-Zor, Qamishli) in comparison with the same period of last year, to reach a total of 1.2 million passengers.
Chemins de Fer Syriens (CFS), the state-owned railway authority will be investing up to SYP60 billion (USD1.2 billion) in the coming five years to develop its network, according to its director-general, Iyad Ghazal.
Sweden's Scania, one of the world's leading manufacturers of heavy trucks, buses and engines, has announced that its sales in Syria are set to reach record heights this year, with over 100 trucks already sold in the first eight month of the year.
Syria's ministry of transport is carrying out a feasibility study for the building of a new airport in Deir ez-Zor, in the eastern part of the country, with a capacity of 1 million passengers a year, reported Teshreen.
Syrianair has introduced a new "frequent flyer" program which aims at developing customers loyalty towards the company.
Syria and Oman are planning to increase the frequency of air flights between them during talks in Damascus, tomorrow.
The Syrian government has banned the import of diesel vans, in a move designed at reducing pollution in the country.
6th Damascus Insurance Forum
Four Seasons Hotel
Export Finance Seminar
Damascus Chamber of Commerce