Economy

Damascus Chamber of Industry Discusses Chemical Sector Development

28 October 20265 min read

Damascus Chamber of Industry Discusses Chemical Sector Development
Damascus Chamber of Industry discusses solutions to develop the chemical sector and reduce production costs.

Development of the Chemical Sector

The Damascus Chamber of Industry and its countryside discussed, on Tuesday, ways to develop the chemical sector and address the challenges facing industrialists, contributing to enhancing the competitiveness of national products and re-establishing the presence of Syrian industry in foreign markets.

The Chamber clarified via its Telegram channel that the meeting, held at the Chamber’s building, chaired by Chamber President Mohammad Ayman Al-Molawi and Chemical Sector Head Wafaa Abu Labda, addressed the project of connecting natural gas to factories.

Participants emphasized the importance of implementing this project to reduce production costs and enhance the competitiveness of Syrian products in local and foreign markets.

Updating Laboratories and Specifications

Industrialists also discussed the state of standard specifications and sample analysis mechanisms, calling for the necessity of updating laboratories at the Testing Center to keep pace with technological developments in products.

They stressed the need to establish official specifications for products lacking them, especially certain types of paints, to address issues related to regulating factory operations.

Calls for Reducing Customs Duties

Regarding customs duties, industrialists renewed their calls to reduce duties imposed on raw materials used in paint, sanitary paper, and veterinary medicine industries.

They called for raising duties on imported finished products, particularly ready-made glass material, to protect local production from dumping and enhance the competitiveness of national industries.

The Damascus Chamber of Industry and its countryside works to support industrialists and address difficulties facing various industrial sectors, contributing to developing local production and enhancing its competitiveness, and opening new markets for Syrian products.

Source: Syrian Arab News Agency (SANA)

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