Syria signs new tourism investment agreements

Damascus, SANA – Syria’s Tourism Ministry has signed multiple agreements and memoranda of understanding with Arab and foreign companies to develop tourism facilities across several governorates. Deputy Tourism Minister Eng. Ghiath al-Farah confirmed that agreements with Saudi partners will soon be implemented, with all projects over the next decade evaluated for both tourism and economic viability.

In coordination with the Syrian Investment Authority, the ministry is streamlining investment procedures by creating an investor services center and preparing a comprehensive investment guide detailing available incentives and exemptions. The ministry also plans to reinvest in both public and private tourism facilities to match expected sector growth.

Al-Farah urged Syrian investors at home and abroad to take part in the country’s reconstruction, emphasizing the importance of projects that meet the demands of the coming phase.

Rafah/Manar

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