SIMA INDUSTRIAL EXPO 2010

In the recent years, the Syrian economy situation has witnessed many of the processes of modernization, reform and development, especially in the industrial and managerial sector. The effect of the political stability was clearly shown on achieving an economic stability. And the effects of the growing role which was played by the private sector in Syria, has started to appear and reflected into the development and the contribution to increase the national GDP.

As well as, 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, whereas reached up to  128 projects for the  cost of $ 4.4 billion US dollars , while agricultural projects was 29 projects and the  transportation  projects exceeded 59 projects.

And 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 focus 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 Arab and international traders, in order to rise up the Syrian economic and industrial position among other international markets