Presidential Decree 162 appoints Ahmad Rawad Ramadan as Director-General of the Syrian Investment Authority

05.08.2026

President of the Syrian Arab Republic Ahmad al-Sharaa has issued Decree No. 162 of 2026, appointing Mr Ahmad Rawad Muhammad Bashar Ramadan as Director-General of the Syrian Investment Authority.

What the decree says

The decree was issued under the provisions of the Constitutional Declaration and the provisions of Decree No. 114 of 2025. Its articles read:

  • Article 1: Mr Ahmad Rawad Muhammad Bashar Ramadan is appointed Director-General of the Syrian Investment Authority.
  • Article 2: Anything contrary to the provisions of this decree is repealed.
  • Article 3: This decree shall be communicated to those responsible for its implementation.

Decree No. 114 of 2025, cited as the basis for the appointment, is the decree that amended articles of the Investment Law, as announced by the Syrian Investment Authority on its official website.

The new Director-General

Before this appointment, Ahmad Rawad Ramadan chaired the Syrian Council for Coordinating Business Councils, the body that launched the operational charter for Syria's joint business councils in June 2026 in cooperation with the Ministry of Economy and Industry.

At that launch he said that working within a unified national system gives the private sector a more cohesive institutional voice before partner countries, and that the system rests on the principles of participatory governance and institutional discipline.

The charter set four main objectives for the business councils: raising Syrian exports, attracting investment and economic partnerships, securing business opportunities for Syrian companies, and raising the efficiency and international competitiveness of the private sector.

The Syrian Investment Authority and its role

On its official website the Authority describes itself as the national body for investment development in Syria, and as the official body responsible for creating a suitable investment environment, providing facilities to investors and supporting projects across sectors. Its head office is in Damascus, in Sabaa Bahrat.

Ten branches and a single window

The Authority operates through ten branches in the governorates. Each branch delivers the services related to investment projects through a single window, without the investor needing to go to the central administration except for specific transactions such as cancelling a project or obtaining a customs exemption for the project's imports.

The published branches cover Aleppo, Latakia, Tartus, Hama, Hasakah, Raqqa, Daraa, Sweida and Quneitra, alongside the central administration in Damascus, which handles general supervision of investment policy and coordination between the branches.

The investment map and published indicators

The Authority publishes an investment map that lets users filter available opportunities by sector and by governorate. Its home page displays indicators of 373 investment opportunities, more than 71 investment licences, more than 10,000 jobs, and investment costs of 2,535 billion.

An example of its activity

Among the projects the Authority has announced on its website is the start of trial production at the Tartus cement plant in April 2026, after initial maintenance work was completed and a comprehensive rehabilitation plan for the production lines began, within a five-year investment plan by QZ Investment. The Authority described it as a model of integrated partnership between the public and private sectors.

Why this matters for the rebuilding sector

The Authority is the formal entry point for any project seeking an investment licence in Syria, including construction, real estate development, infrastructure and industry. Its branch network in the governorates is the channel through which companies follow their procedures without passing through the centre at every step.

For contractors, engineering offices, developers and investors, the leadership of the Authority means the office to which licence applications are submitted and through which incentives and facilitations are followed up.

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Published on
05.08.2026
Keywords
Syrian Investment Authority, Rawad Ramadan, Decree 162, investment licence Syria, Syrian business councils, investing in Syria, rebuilding Syria

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