Syrian-Saudi dairy products company launched

Published December 10th, 2000 - 02:00 GMT

The Saudi Syrian National Company will begin to produce and market various dairy products, yogurt and fruit juices in the beginning of next year. According to Al-Baath newspaper, the company was licensed in the form of a cooperative enterprise by a hundred million Syrian pounds capital based on the Investment law no 10.  

 

The investors in this company are the Saudi businessman Osama Al-Hadramy and the Syrian businessmen Mohammed Al-Holany and Eman Al-Naqshabandy. The company’s production capacity is assessed at 9.7 million tons per annum.  

 

The Kingdom of Saudi Arabia captured the first position in terms of the investor countries in Syria. The number of the existing Saudi investment projects in Syria amounts to 50 projects. —(Albawaba-MEBG)


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