Head of Companies Department at the Ministry of Economy and Trade, Mr Bashir Haza’, said that five hundred and ninety eight limited companies were licensed last year, with a total capital estimated at twenty six billion and two hundred and fifteen million Syrian Pounds, about one point five billion of which was the share of Arab and foreign investments. As for corporations, Haza’ pointed out that twenty three private corporations, and four public ones, were licensed with a capital of seventeen billion and six hundred and ninety two million Syrian Pounds, six billion of which was the share of Arab and foreign investments. He added that the Directorate offers all necessary facilitations, to grant these companies license, in order to start business. He concluded by saying that some licensed companies and corporations have a huge capital, and that they would develop and support Syria’s economy.
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