THOUSANDS OF INDUSTRIAL FACILITIES PUT INTO SERVICE IN SYRIA DURING 2017
DAMASCUS, Syria, About 5,408 new private industrial facilities, out of 11,430 facilities, have returned into service during 2017, due to the measures adopted by the government.
Companies of the industrial public sector have achieved more than SYP 167 billion (USD 0.324 billion) in sales and profited an approximately SYP 25 billion (USD 0.049 billion).
While, the General Establishment of Food Industries, with its five companies, produced a total of SYP 11,956 billion (USD 23.21 billion) and gained profits of SYP 2,390 billion (USD 4.64 billion).
The General Establishment for Engineering Industries, with its four working companies, recorded a production of estimated at SYP 21,050 billion (USD 40.87 billion), sales of SYP 19,748 billion (USD 38.34 billion), and profits of SYP 2,237 billion (USD 4.34 billion).
The production of the five companies of the General Establishment for Chemical Industries registered at SYP 14,409 billion (USD 27.97 billion) and sales of SYP 13 billion (USD 0.025 billion).
The General Establishment for Tobacco, produced about SYP 33,881 billion (USD 65.79 billion) and profited about SYP 15,156 billion (USD 29.43 billion).
With increasing the prices of all tobacco planted types in Syria in percentage of 80-263%, to encourage the farmers, in addition to providing needed facilitation and requirements, and expanding the planted areas to reach 62,992 acres (25,492 hectares) during 2017
Source: NAM News Networkhttps://syrianewsgazette.com/thousands-of-industrial-facilities-put-into-service-in-syria-during-2017/General