President Bashar al-Assad on Wednesday approved the establishment of the Small and Medium Projects Development Agency to replace the General Agency for Employment and Project Development.
The new agency will be affiliated with the Ministry of Economy and Foreign Trade, with its work involving projects in agriculture, industry, traditional handicrafts, commerce, services, professions, and intellectual activities.
The Agency’s goals will be to prepare a guide indexing small and medium projects according to the size of their activities and their geographic distribution, devise policies and programs to encourage entrepreneurship and develop small and medium projects and coordinate between public, private, and civil sides in developing projects.
The goals will also include linking projects with establishments working to develop the sector, developing policies for supporting national production, increase local exports, protect small producers, help train job seekers and human resources, and spread the culture of entrepreneurship.
The Agency will work towards achieving balance in small and medium projects in terms of type and their geographic distribution, prepare studies on developing the sector, and organize media campaigns, expositions, conferences, and workshops.
This article was edited by The Syrian Observer. Responsibility for the information and views set out in this article lies entirely with the author.