Incentives to support investment in agriculture

Private

16-12-2020

The Syrian Investment Authority announced the incentives offered to support and stimulate investment in the agricultural sector and encourage investors, especially expatriates, to establish agricultural investment projects.

In a statement, the Director General of the Authority, Median Diab, indicated that with regard to livestock projects such as poultry and cattle, it has become possible for these licensed projects to provide agricultural electricity , diesel at subsidized prices, free curative and preventive vaccines, free artificial insemination service, , feed cartridges at promotional prices, in addition to the necessary technical support and the provision of reproductive care. For animals, if the investor desires to do so, through the extension units for free.

Diab emphasized that the incentives for all projects include the possibility of “allocating the investor to one of the real estate belonging to the state property in the governorates according to the project’s specificity and the nature of the property at nominal prices , obtaining a loan through the interest rate support program for projects approved by the import substitution program.”