Sun 2012-09-02 06:49:46 Business & Finance
Ministry of Local Administration: Facilitating projects in the industrial cities
Director General of the Industrial cities at the Ministry of Local Administration, Akram al-Hasan, asserted that a lot of adventages and facilitations have been granted to the investment projects in the industrial cities and zones.First payments have been reduced from thirty three percent to fifteen percent, in addition to modifying payments from ten to twenty payments in six months. He pointed out that sixty percent of the investments in these cities are local, and that the rest are arab and foreign, which are mostly related to food and textile. He added that the annual income of the four industrial cities between two thousand and seven and two thousand and eleven was nineteen point five million Syrian Pounds.
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