Granting an investment license for a project to manufacture and produce syrup and yeast in Hama

Damascus-SANA

With an estimated investment cost of 1.750 billion Syrian pounds, the Syrian Investment Authority granted today an investment license for a project to manufacture and produce industrial syrup and fresh yeast in the expansion area of ​​the industrial zone in Hama Governorate.

In a statement to Sana Bayn, director of the Syrian Investment Authority, Madian Diab, that the annual production capacity of the project amounts to 950 tons of industrial syrup and 75 tons of fresh yeast, and it is expected to achieve 19 job opportunities.

Diab pointed to the importance of the project as it is one of the industries that replace imports with alternatives and is included in a wide range of food industries such as sweets, chocolate, pastries and ice cream with milk, in addition to that it fills the deficit in securing the needs of bakeries of soft yeast and limiting imports. It also contributes to the process of replacing sugar with artificial sweeteners in the products that are used. It traditionally contains sugar.

It is noteworthy that the number of projects granted an investment license in accordance with Investment Law No. 18 issued in May last year has so far reached 27 projects in a number of governorates, where the authority had earlier granted an investment license for a project to manufacture and produce bottles and glass containers in As-Suwayda.

Manar Dib

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