Latest news with #InternationalConstructionExhibition
Zawya
19-05-2025
- Business
- Zawya
Jordanian industries eye Syrian market with strong presence at Damascus Construction Expo
AMMAN — Jordan is stepping up its industrial engagement with Syria, with 25 Jordanian companies set to participate in the International Construction Exhibition in Damascus, scheduled for May 27–31. According to Fathi Jaghbir, president of the Jordan and Amman Chambers of Industry, the participating firms operate in key sectors vital to Syria's reconstruction, including infrastructure, building materials, energy, and engineering. Jordan's comparative advantages in these industries position its industrial sector as a potential driver in regional rebuilding efforts, he said. Jaghbir stressed that reviving economic relations with Syria is in the mutual interest of both nations, building on deep-rooted historical and cultural ties. He added that lifting sanctions on the movement of goods and financial transactions would significantly enhance trade and improve the investment climate along the shared border. He pointed out that Jordanian exports to Syria exceeded JD13 million in the first two months of 2025, a 40 per cent increase compared with the same period last year, expressing optimism that trade levels could return to their 2011 peak of over JD181 million. Jordan's geographic location gives it a strategic edge as a regional logistics hub for distributing goods to Syria, Lebanon, and Turkey, boosting the Kingdom's role as a trade gateway and supporting the revival of cross-border commerce through Syrian territory, Jaghbir added. As part of the exhibition, a Jordanian industrial delegation would hold meetings with Syrian ministries and trade authorities to explore opportunities for joint ventures, integrated manufacturing, and broader industrial cooperation. 'This is the first official commercial and service sector visit under the JCC, and it represents the largest private-sector delegation to Syria in over a decade,' said Jordan Chamber of Commerce (JCC) President Khalil Hajj Tawfiq. According to Hajj Tawfiq, discussions will focus on establishing a joint Jordanian-Syrian Business Council and organising a bilateral business forum in Amman aimed at fostering deeper economic integration. US President Donald Trump, speaking from Riyadh on Tuesday, announced the lifting of long-standing Assad-era sanctions on Syria. Calling the sanctions 'brutal and crippling,' Trump said it was now Syria's 'time to shine,' and that easing restrictions would 'give them a chance at greatness.'
Jordan Times
17-05-2025
- Business
- Jordan Times
Jordanian industries eye Syrian market with strong presence at Damascus Construction Expo
An aerial view shows traffic on the streets in Syria's capital Damascus (AFP via Getty Images) AMMAN — Jordan is stepping up its industrial engagement with Syria, with 25 Jordanian companies set to participate in the International Construction Exhibition in Damascus, scheduled for May 27–31. According to Fathi Jaghbir, president of the Jordan and Amman Chambers of Industry, the participating firms operate in key sectors vital to Syria's reconstruction, including infrastructure, building materials, energy, and engineering. Jordan's comparative advantages in these industries position its industrial sector as a potential driver in regional rebuilding efforts, he said. Jaghbir stressed that reviving economic relations with Syria is in the mutual interest of both nations, building on deep-rooted historical and cultural ties. He added that lifting sanctions on the movement of goods and financial transactions would significantly enhance trade and improve the investment climate along the shared border. He pointed out that Jordanian exports to Syria exceeded JD13 million in the first two months of 2025, a 40 per cent increase compared with the same period last year, expressing optimism that trade levels could return to their 2011 peak of over JD181 million. Jordan's geographic location gives it a strategic edge as a regional logistics hub for distributing goods to Syria, Lebanon, and Turkey, boosting the Kingdom's role as a trade gateway and supporting the revival of cross-border commerce through Syrian territory, Jaghbir added. As part of the exhibition, a Jordanian industrial delegation would hold meetings with Syrian ministries and trade authorities to explore opportunities for joint ventures, integrated manufacturing, and broader industrial cooperation. 'This is the first official commercial and service sector visit under the JCC, and it represents the largest private-sector delegation to Syria in over a decade,' said Jordan Chamber of Commerce (JCC) President Khalil Hajj Tawfiq. According to Hajj Tawfiq, discussions will focus on establishing a joint Jordanian-Syrian Business Council and organising a bilateral business forum in Amman aimed at fostering deeper economic integration. US President Donald Trump, speaking from Riyadh on Tuesday, announced the lifting of long-standing Assad-era sanctions on Syria. Calling the sanctions 'brutal and crippling,' Trump said it was now Syria's 'time to shine,' and that easing restrictions would 'give them a chance at greatness.'
Jordan News
17-05-2025
- Business
- Jordan News
25 Jordanian Industrial Companies to Participate in International Construction Exhibition in Damascus - Jordan News
25 Jordanian Industrial Companies to Participate in International Construction Exhibition in Damascus Twenty-five Jordanian industrial companies will participate in the International Construction Exhibition set to be held in the Syrian capital, Damascus, on May 27. The event is organized by the Amman Chamber of Industry. اضافة اعلان Chairman of the Jordan and Amman Chambers of Industry, Eng. Fathi Al-Jaghbir, stated on Saturday that the participating companies represent sectors related to reconstruction—particularly infrastructure, building materials, and energy—alongside engineering industries in which Jordan holds significant competitive capabilities. In a statement, Al-Jaghbir added that an industrial delegation will visit Damascus on the sidelines of the exhibition. The delegation will include representatives from various industrial sectors and will explore opportunities for business partnerships and the establishment of integrated industries. He noted that the visit will also include meetings with several Syrian ministries and institutions involved in bilateral trade, stressing the importance of strengthening economic relations between Jordan and Syria, given their shared interests. Al-Jaghbir emphasized that easing restrictions on the movement of goods and financial transfers would help facilitate the flow of goods and services and enhance the investment environment on both sides of the border. He expressed hope for a return of Jordanian exports to Syria to their historical levels, which once exceeded 181 million Jordanian dinars. He pointed out that Jordan's exports to Syria reached 13 million dinars in the first two months of this year, marking a 40% increase compared to the same period in 2024. He also highlighted Jordan's strategic geographic location, positioning it as a key logistics hub for supplying goods to Syria, Lebanon, and Turkey. This, he said, reinforces Jordan's role as a regional trade corridor and supports the return of Jordanian exports to neighboring markets through Syrian territory. (Petra News Agency)
