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Mohannad Al Masre Praises The Investment Soil In Turkey

The Syrian businessman, Mohannad Al Masre, said that the investment soil in Turkey is "fertile" commercially, financially, agriculturally and industrially, and praised the support the Turkish government provides to foreign investors.

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Mohannad Al Masre Praises The Investment Soil In Turkey

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  1. Mohannad Al Masre Praises The Investment Soil In Turkey The Syrian businessman, Mohannad Al Masre, said that the investment soil in Turkey is "fertile" commercially, financially, agriculturally and industrially, and praised the support the Turkish government provides to foreign investors. In an interview with Anadolu, Mohannad Al Masre, who is the chairman of Damsco Group, stressed that the relationship of Arab businessmen with Turkey, especially in commercial affairs, provides an environment for them to invest and develop. He referred to his participation in the name of “Damsco” in the “Bader” conference for the world of business and investment opportunities, which was sponsored by Turkish President Recep Tayyip Erdogan and organized by the Investment Office of the Republic and the Turkish Ministry of Trade. Dozens of foreign investors from about 50 countries seeking to implement projects worth 3 billion dollars divided into 150 projects participated in the conference held in Istanbul early this month. Mohannad Al Masre noted that his group, Damsco, seeks to move forward towards implementing future projects using smart and technological applications, as well as "employing its expertise and capabilities in the Turkish commercial, financially, agricultural and industrial fertile soil."

  2. He pointed out that the "Damsco" group was established in Damascus in 2004 and started active in the world of securities and foodstuff trading, to extend to Iraq in the year 2008 and add other sectors to its field of work, to reach the United Arab Emirates in the year 2011. He explained that the group arrived in Turkey in the year 2017, announcing extensive activities in various fields of economic and commercial life such as money, food, cars, oil and its derivatives, real estate, electric power and minerals. The Turkish Assistant Minister of Industry and Technology Muhammed Fateh Kagir, during the "Bader" conference, called on Arab businessmen to invest in the technology sector, indicating that companies working in this field will witness a major development during the next few years. While advisor to the president of the ruling Justice and Development Party in Turkey, Yassin Akti, stressed the diversity of investment in the country, describing Turkey as the most important center of attraction for investors in the world. As for Bader Al-Saeed, Chairman of the Board of Directors of Bader Investment Platform, it addressed an increase in the proportion of investments in infrastructure and superstructure, noting the Turkish government's success in granting confidence to foreign investors.

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