Damascus, Syria – Syrian interim President Ahmed al-Sharaa affirmed that Syria is entering a phase of economic balance both regionally and internationally. He indicated that in the coming years, it will join the ranks of major economic powers, thanks to its current openness, growing investments, and modern legislative reforms.
This came during an exceptional dialogue session as part of the Future Investment Initiative 2025 conference in the Saudi capital, Riyadh. The session was attended by Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Prime Minister of the Kingdom, and a number of heads of state, ministers, government representatives, major corporations, and global investment funds.
A new economic vision and broad openness
During the session, President al-Sharaa outlined Syria’s vision for economic recovery and the vast opportunities available to investors. He focused on the reconstruction sector and emphasized that Syria is open to international partnerships and invites investors to contribute to the development process.
He explained that the recent amendments to the investment law have provided a balanced legal environment that serves the interests of both the state and the investor. He also noted that Syria is witnessing a new phase of economic openness, thanks to the support of its regional and international partners.
He added that Saudi Vision 2030, under the leadership of Crown Prince Mohammed bin Salman, represents a successful model for reform and sustainable development. He explained that his first visit abroad was to the Kingdom, “because he recognizes its pivotal role in the stability and development of the region.”
Syria… a pillar of regional stability
President al-Sharaa stated that Syria is a cornerstone of regional stability. He emphasized that the lack of stability in Syria over the past years has negatively impacted regional and international security. He said:
“The world has experienced Syria’s failure for 14 years. Today, it is time for Syria to experience success through investment, openness, and building balanced regional relations based on common interests.”
Growing investments and attractive laws
President al-Sharaa revealed that investments entering Syria over the past ten months amounted to approximately $28 billion. He noted that the new investment laws are among the top ten in the world, according to experts and economic ministries, including the Saudi Ministry of Investment.
He pointed out that investor protection is a cornerstone of Syrian economic policy. The new laws guarantee international arbitration and provide a safe and encouraging business environment. He added that the wide range of investment opportunities reduces risks and increases the speed of returns.
Major Saudi and Qatari projects
President al-Sharaa explained that major Saudi companies have entered the Syrian market with investments exceeding $7 billion in various sectors. These sectors include energy, real estate, and infrastructure. He added that Qatari companies are also investing in Damascus International Airport and power generation projects with a capacity of 5,000 megawatts. He further noted the increasing regional and American partnerships.
The Syrian people… the hope of the future
President al-Sharaa said that his greatest hope is in the Syrian people, who “have persevered and remained steadfast in their principles during 14 years of war. Today they are capable of rebuilding their country.”
He added: “Aid creates laziness, while work and investment create a culture of building. The real capital is human beings, and Syria has a qualified human base and diverse natural resources, which make it capable of achieving a sustainable development economy.”
Confidence in the future
President al-Sharaa concluded his speech by saying: “I have spent half my life saving the Syrian people from injustice. I am ready to give the rest of my life to see Syria rise up and strong. We will build our country with our own hands, and we will regain our natural position as a regional economic power. The future is promising, and Syria will occupy balanced economic positions at the regional and international levels. It will reach the ranks of the major countries within a few years.”
The Future Investment Initiative (FII) 2025 conference is being held at the King Abdulaziz International Conference Center in Riyadh under the theme “The Key to Prosperity.” It will bring together more than 20 world leaders and heads of state, along with approximately 8,000 participants from around the globe. Discussions will focus on artificial intelligence, resources, sustainability, and the future of the global economy.
