Damascus, Prime Minister Imad Khamis chaired Saturday a meeting of the Higher Council for Investment, after a suspension of meetings for more than five years.

The meeting is aimed at conducting a full review of the situation of the investment sector and its regulating legislations and laws and determining duties and responsibilities through expanding the Council’s powers.

Developing the legislative environment of investment in order to put this sector on the right track is a major aim of the meeting.

Premier Khamis stressed that the investment process, with all its components, is a priority for the government in the coming stage due to the important role it plays in the production process and improving development rates.

He highlighted the need that the development efforts in the coming period be focused, among many issues, on encouraging investors to undertake new projects in the various sectors to achieve economic feasibility and on facilitating the necessary legal measures to overcome all obstacles for internal and external investment movement.

At the end of the meeting, the Council came out with a number of recommendations on amending the investment law and developing the structure of the economic sector towards taking quick effective steps until the investment law is amended.

Source: Syrian Arab News Agency

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Damascus, Prime Minister Imad Khamis chaired Saturday a meeting of the Higher Council for Investment, after a suspension of meetings for more than five years.The meeting is aimed at conducting a full review of the situation of the investment sector and its regulating legislations and laws and determining duties...