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Syria Textile MoU

Syria Textile MoU

Baladna and Turkey’s Gormen Group have signed a memorandum of understanding to explore the establishment and operation of a textile factory in Syria through a potential joint venture. The agreement was signed in Doha on November 9, 2026. The two parties will prepare a feasibility study and business plan to assess the project and the requirements for its implementation. The partnership aims to develop local industry, transfer expertise and technology, create jobs, and strengthen the production capacity and competitiveness of Syrian textiles.

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