The Syrian Minister of Oil and Mineral Resources, Firas Kaddour, revealed to “Sputnik” agency the discovery of new mineral resources in Syria, which research confirmed their existence.
The Syrian minister pointed out that the ministry is working to make the mineral wealth sector more attractive to local and foreign investments. them in remote areas.
He pointed out that there are “9 investment opportunities in the field of mineral wealth, which were put forward within the map of the Syrian Investment Authority, and are open to brotherly and allied countries such as Russia and Iran.”
And he indicated that the US-Western sanctions, which were temporarily lifted on Syria during the earthquake, included only what was related to relief and humanitarian work, and did not include what was related to the oil sector and mineral resources.
Minister Kaddour continued, “Nevertheless, there is communication with Arab countries and friendly countries regarding issues of projects and investment in these wealth, and all issues are under discussion.”
The Minister of Oil added that Syria competes with the most important countries in the world in the field of mineral wealth, as it has the infrastructure and trained workers, in addition to road and transportation networks, with the presence of contracting companies that have the necessary expertise, which makes it competitive, especially for neighboring countries.
The minister concluded his conversation with “Sputnik” on the sidelines of a workshop held today in Damascus, in cooperation with the Syrian Geological Society, saying: “Work is currently underway to manufacture important materials and give them added value to cover the needs of the local market and dispense with what is imported from them, and thus provide foreign exchange. To reach the stage of exporting the surplus from these industries, which contributes to the introduction of foreign exchange and supports the Syrian economy.”
The experts participating in the workshop revealed that Syria possesses a variety of raw materials of underground mineral resources, which qualifies it to assume the leading position in the field of mineral wealth raw materials industries, as there are 21 ores and minerals on which industries can be established, and value-added can be achieved, and each of them means dozens of investments in economic accounts. Knowing that there are more than 5 thousand geologists in Syria and all of them have experience and higher scientific qualifications.
This article was originally published by RT.
