Homs-Sana
Hassia Industrial City in Homs governorate witnessed a growth in the volume of investments and the number of investors, to reach 181 billion pounds, with the entry of 41 new investors during the past year, according to Eng. Muhammad Amer Al-Khalil, the city's general manager, who explained to SANA that the facilities provided and investment incentives contributed to Increasing investors' demand for licensing and implementing their projects.
A number of industrialists and new investors in the industrial city of Hasya referred to the creation of an attractive climate for investment in it, and for the various sectors of production and economic activities, by providing plots of various sizes, and the infrastructure that serves the practice of all businesses.
The investor, Muhammad Al-Sayed Ali, said: “I completed all licensing procedures to praise my facility specialized in the manufacture of paper tissues, within encouraging investment conditions on an area of about 2,300 square meters, and with a capital of 1.5 billion pounds, which will employ about 33 workers,” indicating that the designated division was purchased in installments for five years. In addition to securing electric power, road, water and telephone services.
And the investor, Asim Al-Asaad, stated that he chose to license a project to produce “Zeolite”, a food additive and soil fertilizer in Hassia, due to its great economic feasibility and the existence of investment facilities and incentives, as it was allocated with a suitable division for work and production in the chemical area, indicating that the product contributes to increasing production. agricultural, and reduce its costs, especially fertilizers and irrigation water, in addition to using it as a moisture barrier in construction.
While the two investors, Hassan and Jamal Al-Bitar, found in the city of Hassia the most appropriate place to establish their project for the production of plastic boxes, due to its central location and the facilities they were given in paying the value of the plot’s land, in addition to the presence of all services and infrastructure, especially electricity.
For his part, the investor, Ahmed Mohamed, pointed out that there is an attractive environment for investors in all sectors according to the appropriate conditions for their work, in terms of the land area of the divider and the availability of auxiliary services and electricity, indicating that he touched the facilities on the ground when licensing his grain-milling facility, with a capacity of 150 tons per day, which will occupy About 20 workers and technicians, as it was allocated an area of 7 dunums in the food area, and the rest of the procedures are currently being completed with ease.
The Director of the Industrial City in Hassia, Eng. Muhammad Amer Al-Khalil, explained that the existing or new facilities that have been licensed would provide high-value products, in addition to providing about 25,000 job opportunities, indicating that the total number of facilities in the city is 974, of which 307 are established. It entered into work and production, and 667 are under construction, distributed in the various textile, chemical, engineering and food sectors, in addition to the presence of 42 divisions in the service area, bringing the percentage of the sold area to 65 percent.
Al-Khalil noted the launch of the service of reserving the switches via the Internet, with the aim of simplifying and automating the procedures and transferring them to the electronic space, which allows the investor anywhere in the world to reserve the required switch by visiting the website of the industrial city in Hasya on the Internet, which includes tables of the numbers of the switches serviced and prepared for sale according to the productive sectors, Indicating that the investor services office in the city follows up the transaction and sends a notification to the investor upon its completion, after the investor registers the necessary data in accordance with the laws in force in the industrial city of Hassia.
For his part, the Director General of the Syrian Investment Authority, Madian Diab, stated that a circular was issued defining the procedural mechanism for granting the tax reduction stipulated in the second clause of Paragraph C of Article 21 of Investment Law No. 18 of 2021, which specified a 50 percent reduction of income tax, for a period of 10 years. , which includes all projects that use a local component of at least 50 percent, including projects in cities and industrial areas.
Diab added: “The Syrian Investment Authority continues to provide more investment incentives and facilities, to support and stimulate the industry sector and protect the local industrial product, to facilitate the return of national investments, especially in cities and industrial areas, such as paying the value of shares in installments, in addition to financing facilities such as interest rate support and tax and customs exemptions.” In addition to the support provided by the Domestic Production and Exports Support and Development Authority and the benefits of the import substitution program.
All right
SANA Economic Bulletin
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