Only 10 percent of Aleppo’s factories and plants are still operating, according to data from the Ministry of Industry.
The combined losses of Syria’s manufacturing sector stood at SYP 1 trillion at the end of 2015, according to the Minister of Industry.
The Syrian Metals and Steel Council was established last week with the aim of lobbying for a sector that will benefit from any reconstruction drive.
The full text in Arabic of Decision 3592 establishing the Syrian Metals and Steel Council on December 13, 2015.
The Ministry of Industry has revised upwards again the value of the losses incurred by its companies.
The Ministry of Industry is seeking to impose a ban on a Dutch company for failing to meet its contractual obligations.
A security clearance is required for the sale of any factory or manufacturing concern, the Syrian Ministry of Industry has confirmed.
The Ministry of Industry has provided a new estimate for the value of the destruction of the industrial public sector.
Syrian manufacturers who relocated abroad are banned from exporting their products back to Syria, according to Humam Al-Jazairi, the Minister of Economy.
A court is auctioning off the Syrian assets of Egypt’s ElSewedy Cables to repay debts the company owes to a local bank.
After a modest rebound in 2014, manufacturing investment seems to be falling again in Syria, according to some preliminary data.
Syria’s market for new cars remained depressed last year, according to preliminary data from the customs directorate.
The decrease in customs duties by the Syrian Government is being opposed by manufacturers of the textile sector who fear for their competitiveness.
The Government has allowed manufacturers to import used power generators to make up for the rising electricity shortages.
The head of the Damascus Chamber of Industry has refuted claims made by a senior industrialist that most members on its board had relocated abroad in a dispute that highlights tensions among the Syrian business community.


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