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Syria Industry & Manufacturing
Manufacturing
accounted for 13.3% of the Syrian GDP. Syria’s industrial base
is fairly diversified and areas such as food, sugar, textiles,
chemicals, engineering, and cement and building materials are
predominately state-run. However, the private sector has begun
to play a larger role in the textile, food, leather, paper, chemicals,
cement and sugar processing industries. The processing of natural
gas and phosphates, textiles and foodstuff are central to this
effort. Investment Law #10 has
provided private businesses with a wide range of incentives that
has led to a marked improvement in the quality of existing products
and the emergence of new products previously imported.
Public sector emphasis
has been on the production of cement and chemicals. With current
demand at 7 million tons per year and production levels at 3.2
million tons per year. Syria must import cement from Jordan. New
cement plants and the expansion of operating plants will help to
boost production and involve the private sector through private
ventures such as the Syrian-Saudi Cement Company. Having
undergone considerable modernization steps to increase
production and diversify output, the state-owned textile
companies are among the top industries in terms of production
and export.
For
More Information About Syria's Economy go to the Syrian Economy
Website at http://www.syrecon.org.
Or contact the proper Ministry.
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