Syria calls for investment to help revive nation’s damaged infrastructure
(MENAFN) Syria's energy minister Mohammed al-Bashir on Monday made a public appeal for investment to help revive the country's severely damaged energy infrastructure.
"It is no secret that we are facing enormous challenges in the energy sector, foremost among them the dilapidated infrastructure left behind by long years of war in Syria," al-Bashir stated during the inauguration of the 6th Syria International Exhibition for Petroleum, Energy, and Mineral Resources. The four-day exhibition has drawn participation from over 100 companies representing 12 nations.
Al-Bashir emphasized that the current state of the energy sector offers substantial investment potential across a wide range of operations. These include everything from resource discovery and extraction to the processes of transportation, unloading, power generation, and supply chain management.
Highlighting Syria’s rich deposits of oil, natural gas, and other minerals, al-Bashir noted the strategic value the country places on developing its energy assets. He explained that Syria is prioritizing energy development "by strengthening exploration, updating production techniques, adopting innovative solutions, and continuously striving for the optimal investment of our natural resources."
"This is essential to achieving energy security and boosting our export and development capacities," he added.
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