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Investors ready to go to Syria after collaspe

Published: November 21, 2012
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Source: Gulf News

UAE-based Syrian businessmen will have investment worth $1 billion in Syria across different sectors in the post-Al Assad era, Esmail Al Saeedi, founder-member of the Syrian Development and Rescue Council told Gulf News on the sidelines of the Partnership to Invest in Future Syria Conference.

“Together with a group of Syrian businessman, we have concrete development plan to rebuild Syria infrastructure with a budget of over $1 billion and will target several sectors, real estate, service, education, health and education,” he said.

“The potential of investments in Syria after the collapse of the current regime is quite promising. Syria has all resources and human capital that enable the country to lead economic transformation.”

The US Ambassador in the UAE, Michael Corbin, told Gulf News: “The US is partner in this process and our role is strong support from the US government to this initiative by the UAE and Germany.”

He said: “ Any new Syrian government have to rebuild Syria’s economy and it is never too early to start rebuilding an economy and there are many of the brilliant gifted Syrians who are working to trail and salvage their country from the horrors.”


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