The Report - Emerging Syria

ISSN 1744-4624
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The Syrian government is focusing on building a social market economy with the aim of increasing foreign investment and encouraging diversification in the face of dwindling oil returns. Several sectors are at the vanguard of this move, in particular financial services, which has blossomed since liberalisation in 2004, and industry. Tourism is seen as a path to future economic growth, with promotional shows taking to the road to highlight Syria's rich history and Damascus' architectural appeal. The all-important agriculture sector is set to receive a boost through the implementation of more effective irrigation methods, while the government is seeking to encourage private sector involvement in infrastructure improvements and innovations. Taken as a whole, Syria's economy is changing fast, to compete in the global market place and safeguard itself for the future.

Publisher: Oxford Business Group

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