Cement (888)


A joint report by the FAO and the World Food Program has highlighted the dramatic situation of the Syrian agricultural sector, including the worst wheat harvest in three decades, although the return of security has ensured a relative stabilization in some sub-sectors.


Cement export-import; Building materials trading


Despite the country’s high unemployment rate, Syrian businesses, including state-owned enterprises, are continuing to report a shortage in skilled manpower, which is hampering their operations.


In this 2,200-word factsheet we provide a profile of the Syrian cement sector.


The two tables below list the Russian companies involved in Syria since the beginning of the Russian military intervention in the country in September 2015.


Syria’s state-owned water bottling company is seeking to expand its capacity in a sector it has a monopoly on.


The main highlights of the 60th edition of the Damascus International Trade Fair, which was held last month, included a relatively large Russian presence, a very limited one by Chinese companies and the absence of announcements of major business deals.


Despite the absence of any current major construction works, Russia and Iran are trying to position themselves for future opportunities in the building materials industry.


Portland cement production


Syrian state entities have signed contracts worth several dozens of millions of dollars to buy heavy machinery from China and Russia.


Syria’s foreign trade deficit increased again in 2017, initial data indicate.


The Popular Credit Bank, one of six state-owned banks in the country, said that it was resuming lending to professionals.


The Euphrates Shield Area (ESA) is witnessing several new developments that highlight its increasing autonomy relative to Damascus but also its rising ties to Turkey.


A new hotel property is set to open in Lattakia, which is among the rare parts of the country still hosting some investment in the tourism industry.


Press Statement
Heather Nauert
Department Spokesperson
Washington, DC
August 16, 2018

The United States applauds today’s announcement by the Kingdom of Saudi Arabia of its generous contribution of $100 million for ongoing, Coalition-supported stabilization efforts in areas liberated from ISIS in Syria.


Trade of building materials, steel products, electric equipment and heavy machinery for cement and steel plants


The government has allowed the Central Bank of Syria to issue certificates of deposits denominated in dollars.


Syrian banks are expanding again their branch network as they seek to capitalize on the improving security situation across the country.


In this 2,600-word factsheet we look at China’s economic interests in Syria.


Cement manufacturer Lafarge was charged last week by a French court with complicity in crimes against humanity, financing terrorists and endangering people’s lives, for allegedly paying millions to takfiri groups, including the Islamic State, to keep its factory in Syria open.


The number of residents in Syria stands at around 19.2 million, according to recent estimates.


The government is seeking investors to build a 3-million-ton cement plant in Aleppo after Iran refused to provide funding.


A Syrian official said that his government plans to import 1.5 million tons of wheat this year, but the actual situation of the market is unclear.


Three new Syrian nationals have been indicted by the U.S. Department of Justice for violating sanctions.


Syria’s revenues from taxes doubled in the past two years, a government official said, although they still stand at only a fraction of their pre-uprising level.


Syria’s main opposition-affiliated fund has decided to finance two development projects worth a combined EUR 19 million in the south of the country.


In this 2,200-word factsheet we provide a profile of Marota City, the most controversial investment project in Syria.


The text of the interview of Bashar Al-Assad by Kathimerini, a Greek daily, in Damascus on May 10, 2018.


A full breakdown of Syria's 2018 budget with current and investment expenses detailed for each item in the budget.


A breakdown of Syria's 2018 forecast budget revenues.


Numbers from various sources indicate a slight improvement in demand for cement last year, which is one more indication that some sectors of the Syrian economy started recovering in 2017.


The list of countries and amounts pledged during the "Supporting the Future of Syria and the Region Conference held in Brussels on April 25, 2018.

Table 1: Funding Announcements by Country and Organisation (in USD - by order of funding for 2018)


The final joint declaration by the European Union and the United Nations at the end of the Brussels Conference on Syria organised on April 24 and 25.


Cement sales by state-owned companies declined in the first quarter of this year, according to official data.


In this 2,300-word factsheet we provide a profile of Samer Foz, who in the space of the past two years has risen to become Syria’s most powerful investor.


A Jordanian business delegation will be visiting Damascus soon to look for business opportunities and push for the reopening of the border between the two countries.


A Turkish University has announced that it would organize a test to enable students living in the Euphrates Shield Area to apply for enrolment.


The concluding statement of the April 4 meeting between Vladimir Putin, Hassan Rouhani and Recep Tayyip Erdogan in Ankara, Turkey: