According to the Syrian Investment Agency, about US$1.19bn have been invested by foreigners in the country in 2008. Despite the global economic slowdown, the volume of FDI increased by 32.2% last year (up to US$898m in 2007, against US$613m in 2006).

For the very first time, FDI exceeded US$1bn, most of it dedicated to the oil & gas sector (with respectively US$415m and US$490m) and to the flourishing tourism industry.

[ANSAmed]