Turkey’s Coca Cola Icecek has raised its stake in Syrian Soft Drink Sales and Distribution LLC, the company distributing Coca-Cola products in Syria, to 90 percent following a capital restructuring.
The Ministry of Local Administration has announced that it is scrapping penalties levied on investors in the country’s industrial cities.
Only a week after it announced it was stopping production at its Deir-ez-Zor plant, Vimpex, a paper trading and manufacturing concern owned by prominent businessman Nabil Kuzbari, said that it was resuming operations following a request from the workers at the plant.
Vimpex, a paper trading and manufacturing company owned by prominent businessman Nabil Kuzbari, has stopped production at its paper plant located in Deir-ez-Zor.
The Hessia Industrial City of tender has issued a tender for the conduct of the urban and infrastructure design of a residential compound that will host people working in it.
Syria produced 175,600 tons of TSP and 250,000 tons of urea last year, according to Government statistics.
The recent visit of Syria’s Prime Minister to Homs saw the launch of one of the first glass bottling and packaging manufacturing plants in Syria.
The Homs Chamber of Commerce is sponsoring the establishment of a company that will provide solid waste management solutions including the establishment of treatment plants.
Kaveh, an Iranian conglomerate, has opened a floating glass plant outside Damascus, a rare example of a direct investment by an Iranian company in Syria.
The Ministry of Industry has issued a tender inviting private investment in Rastan Cement, a state-owned cement manufacturing company.
Cemena, a subsidiary of Gulf Finance House, has announced that it had awarded the contract to build and equip a cement plant in eastern Syria with an annual capacity of 2 million tons to CBMI of China.
The Italian government is providing a loan of EUR 25.8 million to support Syria’s agro-food industry, according to Hussam Youssef, head of the Export Development and Promotion Agency.
The General Establishment of Geology and Mineral Resources has called in international companies to develop of a marble quarry and of asphalt deposits.
Kuwait United Investments Company (KUIC) and ACICO of Kuwait are to start works on a USD 12 million insulated block plant in the Industrial City of Hessia, Khaled Al-Mashri, general manager of KUIC, said.
United Arab Aluminum Company Syria has won a USD 8 million contract to conduct the aluminum and glass works for the new airport of Dakar, the capital of Senegal.


TechnoBuild 2020
Damascus International Fairground
Assessing the Price of Imported Goods
Damascus Chamber of Commerce