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Syria approves new investments

Damascus, Sep 9 (Prensa Latina) The Syrian government granted licenses this year for 12 investment projects that generate 837 job opportunities, the Supreme Investment Council reported today.

Of these projects, two have entered the production phase and include a plant for processing, preserving and packaging fruits and vegetables, which offers 60 jobs, while the second is a complex for poultry breeding and meat production, and offers 17 opportunities. labor.

According to what was announced by the Council, 64 projects have been implemented so far under Investment Law number 18 of 2021, and they offer 5,149 jobs.

In May 2021, Syria passed a law that encourages establishing projects that contribute to the reconstruction of the country and the achievement of economic development.

The legislation encourages and protects foreign and local capital, and provides an enabling environment to establish investments and projects, in addition to offering customs and tax privileges.

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