In the recent years, the economic situation in Syria has witnessed many of the modernization processes, reform and development, especially in the industrial and managerial sectors. The effect of the political stability was clearly shown on achieving an economic stability, and the effects of the growing role which were played by the private sector in Syria, have started to appear and to reflect into the development and the contribution in increasing the national GDP.
Furthermore, the strategic location has enabled Syria an easy access to its neighboring Arab countries, especially Lebanon, Jordan, Iraq, Palestine, Saudi Arabia and other Gulf countries, in order to benefit from the greater Arab Free Trade zone. In addition, the Mediterranean Syrian-European partnership agreement helped out the Syrian products to access the European Union markets.
Returning to figures language, we find that the industrial investment projects accounted for a wide share of the abundant investment projects licensed last year, which reached up to 128 projects for the cost of $ 4.4 billion US dollars , agricultural projects was 29 projects and the transportation ones exceeded 59 projects.
Also the value of the imported machineries and equipment for the same year reached (454.5) billion SYP to form in its rate more than (44.2%) of the total value of the imported machineries and equipment throughout the years (1991-2008).
In this context, the leading role of SIMA Industrial Expo is clearly shown in supporting various aspects of economic activity, and allowing a major access for the equipment and techniques to pass through the country, in addition to the associated scientific seminar program which has offered the knowledge to cross such technologies and techniques.
In the other direction, SIMA Expo also played an important role in highlighting the image over the Syrian industry in general, and focused on the Syrian engineering industries particularly, in addition, SIMA Expo has played an important role by providing the appropriate environment to establish good links for healthy economical and commercial relations between Arabs and international traders in order to rise up the Syrian economical and industrial positions among other international markets.
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