11,294.37 TRY BIST 100 BIST 100
42.84 USD USD USD
6.15 CNY CNY CNY
50.45 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
37.51 TRY Interest Interest
61.43 USD Fossil Oil Fossil Oil
110.94 USD Silver Silver
5.90 USD Copper Copper
104.65 USD Iron Ore Iron Ore
349.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,230.24 TRY Gold (gr) Gold (gr)

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.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Kurum International is establishing Europe’s first MIDA steel plant in Albania

Monday, December 29, 2025

Thailand tightens hot-rolled flat steel standards

Monday, December 29, 2025

Vardhman Special Steels to invest 475 crore rupees in steel forging capacity in Ludhiana

Monday, December 29, 2025

EU iron ore supply at risk as subsidence threat grows in Kiruna

Monday, December 29, 2025

Yeo Teknology will build a 35.2 MWp Solar Power Plant for Ekinciler Demir Çelik

Monday, December 29, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now