Syria and Turkey plan a major investment conference in Damascus.. and "MUSIAD" explores reconstruction opportunities

Syrian investment authority officials discussed investment cooperation prospects between the two countries with a high-level delegation from the Turkish Association of Independent Industrialists and Businessmen (MUSIAD) during a meeting held at the authority's headquarters in Damascus.

The discussion focused on attracting Turkish investments to strategic Syrian sectors, particularly in reconstruction, real estate development, and energy. During the meeting, the "investment map in Syria" was presented, which included sectors such as real estate development, tourism, services, and projects in Syrian provinces.

Mr. Mohammad Saif al-Din, the deputy director general of the authority, stated in a statement to the "SANA" agency that "Syria has many promising investment opportunities in various productive service sectors, and these opportunities are available to all businessmen and investors," calling on "Turkish businessmen to establish their projects in various sectors and regions of Syria and to take advantage of the facilities provided by the new investment decree."

Saif al-Din clarified that the role of the authority is to "provide all possible facilities for establishing these projects, overcoming all obstacles, and creating a more flexible and attractive investment environment in Syria, in line with the new legislative environment and Syria's renewed vision."

For his part, Selim Bashtemir, vice president of the "MUSIAD" board of directors, revealed one of the key outcomes of the visit, saying: "The meetings that the association held with several governors and chambers of industry and commerce, as well as the ministries of economy, industry, and tourism, resulted in an agreement to organize a major Syrian-Turkish economic investment conference in Damascus in the near future."

Bashtemir expressed "the desire of Turkish businessmen to establish projects in several vital sectors in Syria, especially in real estate, energy, and electricity."

For his part, Omar Zidan, a board member of the association, pointed out "the association's interest in cooperating with Syrian businessmen and establishing investment projects in Syria," emphasizing "the importance of providing an encouraging climate that helps attract investors and supports joint projects, serving economic development in Syria."

The meeting was attended from the Syrian side by Dr. Alaa Al-Azhma, the deputy director general of the investment authority, and Jlnar Hamdan, the director of studies and the investment map at the authority.

It is worth mentioning that the "MUSIAD" association is a large Turkish economic organization, comprising more than 50,000 businessmen operating across different continents, with over 90 branches worldwide, and it recently established a branch in Syria.