Damascus hosts an industrial conference at the Arab level.
Today, in Damascus, the activities of the 4th conference of the Arab Union for Regions, Cities and Industrialization began, which discusses successful investment experiences and its incentives in Arab cities and industrial areas, and Arab economic integration in this regard.
The conference will host Syrian and Arab businessmen, who are scheduled to discuss the role of cities and industrial zones in making a qualitative shift in the Arab industry strategy, and the role of technology and information systems in business development to attract investments.
The conference is organized in cooperation with the Federation of Chemical and Petrochemical Industries, the Federation of Information Technology, and the Federation of Measurement and Calibration, under the auspices of the General Secretariat of the Council of Arab Economic Unity.
During the opening of the conference, the Syrian Minister of Industry Ziad Sabbagh said that one of the positive results of Arab economic integration is diversifying the production base, avoiding duplication of joint projects, and securing an industrial and agricultural base that meets the requirements of Arab societies for consumer goods.
Sabbagh considered that industrial cities are among the most important industrial development projects, and contribute to addressing economic and social problems, attract investors, reduce pollution, reduce unemployment and the cost of investments.
For his part, the Iraqi Minister of Industry and Minerals “Manhal Aziz Khabbaz” affirmed his country’s endeavor to establish real Arab partnerships to expand the horizons of industry, to reach the best formulas and to benefit from the Syrian experiences in the field of cities and industrial areas, while the head of the Damascus Chamber of Industry and its countryside Samer Al-Dibs called Arab investors to work and invest in Syria, pointing to the existence of an appropriate investment environment, especially after the issuance of the new investment law.