Syria is now attracting the attention of Arab and foreign investors who are looking for investment opportunities as the Syrian leadership has given top priority to the development of economic activities, Syria Times reported.
This has been manifested in the numerous agreements signed with Arab and foreign countries, the latest of which was signed with China. Another agreement to set up a free trade area with the Gulf Cooperation Council was also signed.
Syria canceled economic security courts; opened private banks, approved banking secrecy law; Monetary and Credit law; and it has set up three industrial cities.
Dr. Mustafa Al-Abdullah al-Kafri, Director of the Investment Bureau, pointed out that the government is now working on the amendment of Investment Law No. 10, which constitutes a significant qualitative leap to build a competitive investment climate.