Damascus-Sana
The General Organization for Chemical Industries announced the implementation of about ten projects in its companies as part of its investment plan from the beginning of this year to the tenth month at a value of 671 million Syrian pounds.
Director General of the Foundation Dr. Osama Abu Al-Fakhr said in a statement to SANA Economic Bulletin that TAMICO company has obtained most of these projects and included a packaging machine worth 151 million pounds and laboratory equipment with 28 million pounds and a tablet press machine with 120 million pounds and the completion of the liquid drink line 124.5 million pounds and department machine Salts 46.5 million pounds in addition to the construction of warehouses and adapt production halls by about 80 million pounds and 20 million pounds the price of land for the pharmaceutical factory project.
Abul Fakher pointed out that other projects were concentrated in the National Company for Rubber Products, including the purchase of a waste recycling machine worth 45.5 million pounds and injection machine 3 kg worth 10.4 million pounds in Aleppo Plastic Company and a liquid filling machine worth 19.8 million pounds for detergents in addition to the rehabilitation of the electrical plant worth 13.5 million. Billion pounds in the tire company.
Abu Fakhr pointed out that there are other material works that have been announced and some of them are studied, the most important of which are the construction of production and service warehouses and laboratories worth 130 million pounds in Tamiko Company and the purchase of 10 different machines with an estimated value of about 500 million pounds for the workers of Masyaf shoes and Sweida, pointing out that the total investment credits in companies Affiliated to the Foundation for the current year amounted to about 3.3 billion pounds.
According to the director general of the foundation, the actual production value of the corporation's companies in the first ten months of this year was 32 billion pounds, the fertilizer company acquired the largest part of this value by about 23.9 billion pounds, followed by the medical company with 3 billion pounds and then the General Company for shoes by about 2.3 billion pounds. Sales to about 19.7 billion pounds.
Ahmed Souliman