Japan Boosts Syria Reconstruction Fund as Turkey Steps Up Economic Engagement - The Syrian Observer

Syria launches a fund to encourage investments

The new entity, named Invest in Syria Fund, came during a press briefing held in Damascus, under the slogan “Solutions and Models for Investment in Syria under Sanctions.” The Authority’s Director General, Sinan Hatahet, said the fund will attract and encourage investment, and its activities will target all regions and governorates, as well as several productive and service sectors, such as infrastructure, banking, finance, industry, agriculture…

Japan Boosts Syria Reconstruction Fund as Turkey Steps Up Economic Engagement - The Syrian Observer

Syria’s fragile reconstruction efforts received two notable boosts this week—first, with a fresh financial contribution from Japan to the Syria Recovery Trust Fund, and second, with a high-level visit by Turkey’s Minister of Trade to Damascus, signaling increased regional economic engagement with post-war Syria. Late Tuesday, the Syria Recovery Trust Fund (SRTF) announced it had received a new contribution of €3 million from the Japanese governm…