Subjects – Syria Report



Qarfys, a small village in the Jableh countryside in the Lattakia governorate, has established a textile factory, Ramita LLC, with a SYP 50 million capital, according to the Official Gazette. Ramita is a very rare case of a Syrian company being founded by a consortium of small villages.
The state building efforts by the Autonomous Administration of North and East Syria have suffered a major setback with the postponement of local elections due to pressure by its main adversary, Turkey, and its main ally, the United States. The elections have been postponed until August, but given the political scenario, this may be the first of several delays or, even, an indefinite cancellation.
The Syrian government has inaugurated this month several projects - from a five-star hotel to a water pumping station - in the Deir-ez-Zor governorate, worth approximately SYP 60 billion in total (around USD 4.04 million at the current black-market rate). This is the second time within a year that a high level ministerial delegation visits the governorate.



The General Organisation for Land Development, or General Organisation for Land Reclamation, is responsible to conduct the study, design, and execution of irrigation and land reclamation projects within a national plan covering 430,000 hectares, including efforts in Aleppo, Raqqa, and Deir ez-Zor provinces.
Establishing projects with an independent financial and administrative entity; establishing projects and joint stock companies; owning shares in companies and shares in public and private joint stock companies; providing technical and advisory services; and conducting paid and unpaid studies for companies.
Rehabilitation and investment of Badia Al-Cham Hotel in Deir ez-Zor.
Import and export of foodstuff, grains, livestock, construction material, and health products.