President al-Sharaa: Syria attracted investments worth $28 billion within six months
Riyadh-SANA
President Ahmad al-Sharaa said on Wednesday that the Kingdom of Saudi Arabia has great importance in the region, and with its new vision, led by Crown Prince Mohammad bin Salman, it has become a destination for economists in the region.
President al-Sharaa added in a plenary session dialogue at the 9th edition of the Future Investment Initiative Conference 2025 in Riyadh that the economy in the region is closely tied to regional and strategic security, and Syria constitutes a fundamental pillar of regional stability.
“Our first external visit was to Saudi Arabia because we recognize the pivotal and leading role it represents in the region,” the President said.
“Saudi Arabia is a supporter of prosperity, stability, and development in Syria. I have been following for years the vision presented by the Saudi Crown Prince, which encompasses the entire region,” the President said.
President al-Sharaa added that the world has experienced what- it means for Syria- to be unstable and a source of narcotics, which has posed significant risks to the region,’ President al-Sharaa said.
“The world has witnessed Syria’s failure over the past 14 years, and over the past 60 years, it has experienced Syria as a source of crises, human migration, and captagon, this poses strategic risks at the regional level and has been exploited by certain ambitious parties seeking to stir unrest in the region,” President al-Sharaa said.
“What the world stands to gain from Syria’s stability is immense, as it occupies a strategic position in the region. Historically, it has been the gateway to the East and a key part of the famed Silk Road. Syria possesses diverse resources and a multifaceted economy that does not rely on a single sector,” the President added.
President al-Sharaa went on to say that Syria is open to the world today and has begun a new chapter in a short period of time. In just 10 months, it has managed to reclaim its regional and global position with the support of many countries, foremost among them Saudi Arabia.
“We have amended Syria’s investment laws to become among the best in the world, and within the first six months, the country attracted investments worth $28 billion,” President al-Sharaa said.
He added that there are numerous partnerships with Saudi Arabia, Qatar, the UAE, and Turkey, along with investment projects involving Bahrain and Jordan. Additionally, American companies have taken part in some investments, alongside other regional partnerships.
“We will rebuild everything that was destroyed, and my greatest bet is on the Syrian people, who have endured bitter suffering, remained steadfast in their positions and ultimately triumphed, We want to rebuild Syria through investment, not through aid and assistance,” the President said.
“We cannot live in isolation; integration between Syria and other countries will create a unified economy for all in the future…I am ready to dedicate the rest of my life to seeing Syria rise and become strong again, and I am determined—along with all those who love Syria—to rebuild it anew,” the President affirmed.
President al-Sharaa added that Syria will attain balanced economic rankings at both the regional and international levels, and within a few years, it will be among the world’s leading economies.
Mazen