Time in Yerevan: 11:07,   24 April 2024

More than 15.000 businesses resume activities in Aleppo Governorate

More than 15.000 businesses resume activities in Aleppo Governorate

YEREVAN, MAY 22, ARMENPRESS. More than 15.000 businesses out of 60.000 resumed their activities in Aleppo Governorate, Chairman of the regional Chamber of Industry Fares al-Shehabi told reporters, TASS reported.

“The authorities try to either subsidize the small business or provide interest-free loans to entrepreneurs. As a result, more than 15.000 small enterprises are currently working in the Governorate”, Fares al-Shehabi said, adding tax holiday was given to entrepreneurs for the period of time that their businesses remained closed during militant occupation.

Reviving private businesses, whose share in Syria traditionally exceeds 90%, is the main economic goal of the local authorities so they have been creating conditions for that to happen. Fares al-Shehabi said power lines are being built while authorities are providing generator fuel in areas where there are no power lines yet.








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