Syrian PM calls for investment

Syria's Prime Minister Muhammad Naji Otri has called upon Arab investors to invest in Syria and help create an Arab economic bloc capable of competing with other economic blocs and confronting the challenges posed by globalisation.

He said Syria is gradually transitioning to a social market economy and the reform process has gone well so far, evident in positive economic indicators such as the rising GDP, the increasing number and size of investment projects and growing exports. Otri added that Syria has continually strived to achieve an Arab free trade area, as a precursor to an Arab common market, as a means to strengthen Arab economies and boost investment and exchange in the region. Otri called upon Arab businessmen to expand their investment base in Syria and form strategic partnerships. Potential areas of investment include energy, minerals, banking, agriculture, industry and transport.

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