Syria

Panorama général

As in 2012, the absence of hope about a possible short-term resolution of the Syrian conflict has blocked the road to foreign investors: the country did not register any FDI inflows in 2013. Although no partnership project has been concluded, an announcement of investment was, however, identified by the ANIMA-MIPO observatory: the Russian oil group Soyuzneftegaz won the contract for the exploration, development, and production over 25 years for an offshore licence located off the coast of Tartus and Baniyas.

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The gravity of the situation led some Syrian companies to transfer their headquarters or their activities abroad, mainly to Jordan; to open franchises, like the famous Damascene ice-cream parlour Bakdash which opened a branch in Amman; or even to create new joint ventures in countries in the region, such as Turkey, or the Union of Chambers and Commodity Exchanges of Turkey (TOBB) registered the creation of 489 businesses in partnership with Syrian investors in 2013.
 
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LATEST NEWS SYRIA

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DOCUMENTS

Foreign investment: slight withdraw in 2016 in MED countries, though previsions remain optimistic

Low economic growth and important political risks perceived by companies: The flows of foreign direct investment (FDI) have lowered by 5% in 2016 in all of the MED countries, after a great leap forward in 2015 (+25%).

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THE NEXT SOCIETY and EDILE presentation

THE NEXT SOCIETY and EDILE initiatives, both implemented by ANIMA and its partners, were presented during the 17th meeting of the Mediterranean Commission on Sustainable Development (MCSD), associated with the Mediterranean Action Plan (MAP) of the United Nations Environment Programme (UNEP). The MCSD acknowledged them as good practices for sustainable development in the Mediterranean.

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