Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

Syria to spend $794m in 5-year plan  Join our daily free Newsletter

MENAFN - 12/12/2010

No. of Ratings : 0
Add to Mixx!


 


(MENAFN) Syria's Minister of Transport, Yarub Badr, revealed that the country will spend approximately 794 million on its marine transport sector as part of the government's current five-year plan, as opposed to 193 million spent in the previous five-year plan, Arabian Business reported.

The current five-year plan underlines the strategic importance of Tartous Port in Syria and calls for the establishment of a centre for marine training and marine courts at the site, explained Badr.

Separately, Syria is to spend an additional 10.36 billion on new developments within the residential, retail, hospitality, office, leisure, infrastructure, and energy and tourism sectors as part of the Five-Year Plan, in order to enhance the country's economy and attract foreign capital.

Major Gulf Cooperation Council (GCC) firms are already making waves in the region, including Majid Al Futtaim Group and Al Qudra Holding, Qatari Diar and Syrian Qatari Holding, Emaar- IGO, Saudi Binladin Group, and Khorafi Group.


 






  MENA News Headlines


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country
Marketwatch News
UPI News
Comtex News

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help