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More than 15 companies have submitted bids to invest in the cement sector in Syria

Mahmud Fadhila, Director General of the Syrian Cement and Construction Materials Production and Marketing General Company (Al Omran), announced that they have received bids from more than 15 companies from Arab and foreign countries wishing to invest in the cement and construction materials sector in Syria.

More than 15 companies have submitted bids to invest in the cement sector in Syria

According to a report by the Syrian Arab News Agency (SANA), the investment offers cover many facilities, primarily the Tartus Cement Factory. Fadhila stated that a framework containing technical, legal, and financial conditions had been prepared in cooperation with the Syrian Ministry of Economy and Industry at the beginning of this month to enable investment in the mills in Tartus.

At a promotional meeting held at the Adra Cement Company in the Damascus countryside, representatives from companies in Saudi Arabia, Jordan, Lebanon, Iraq, Türkiye, and Germany gathered. At the meeting, it was stated that investors were interested not only in the mills but also in all of Al Omran's factories.

The suspension of local clinker production due to high costs and the trend of importing this raw material from abroad and grinding it at facilities in Syria underscored the goal of reducing cement production costs. Fadhila emphasized that they expect investors to develop projects that focus on quality production and are compatible with Syrian technical staff and existing infrastructure.

In addition, it was stated that the potential of regions with insufficient raw material resources should also be evaluated through investment. Syria's decision to restrict imports in order to protect its domestic market is also considered an opportunity for the sector.

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