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Source:
عكس السير
Saudi Arabia rehabilitates Hemat Hama steel plant
The Syrian Ministry of Economy and Industry has signed a Memorandum of Understanding with Saudi Etria Holding Company to rehabilitate and operate the Hama Steel Plant, during the Damascus International Fair. The agreement is valid for 30 years and aims to introduce modern production lines and develop the operational infrastructure to gradually increase the production capacity to 350,000 tons annually over four years. This step is part of efforts to rehabilitate government industrial facilities and attract Arab investments in the construction materials and heavy industry sectors.
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