Syrian body approves projects worth 190 m. dollars

Mustafa al-Kafri, head of the Syrian Investment Body, said Sunday that the body had recently licensed 17 projects worth 9.5 billion pounds (190 million dollars).

Syrian body approves projects worth 190 m. dollars
Mustafa al-Kafri, head of the Syrian Investment Body, said Sunday that the body had recently licensed 17 projects worth 9.5 billion pounds (190 million dollars).

The most important projects are projects to product pure cotton threads and mixed cotton threads worth more than 2 billion pounds.

The approved projects also include seven transport projects worth 500 million pounds.

Last May, Syria offered incentives to attract foreign investors under a new law which exempts the means of production, including transportation, from customs duties.

DPA

Güncelleme Tarihi: 22 Temmuz 2007, 18:45
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