Riyadh: Syrian President Ahmad Al-Sharaa announced that Syria has attracted investments worth approximately USD 28 billion in the last six months, emphasizing the country's trajectory towards becoming a significant global economic power within a few years.
According to Kuwait News Agency, during a session titled "Horizons of New Syria" at the 9th Future Investment Initiative (FII) in Riyadh, Al-Sharaa highlighted that Syria's path to reconstruction will rely on investments rather than donations. He revealed that major Saudi and Qatari companies have begun investing in Damascus, with other Gulf and regional countries also expressing interest in entering the Syrian market, particularly in the real estate and rebuilding sectors.
Al-Sharaa assured that the Syrian government offers protection for investors under existing laws and that Syria remains open to international companies. He emphasized that Syria possesses qualified human resources across various fields and stated that the country aims not to be a burden on others.
The Future Investment Initiative, which began on Monday, features over 8,000 participants and 650 speakers across 250 sessions, concluding on Thursday.