Syria Proposes Industrial Reform Law

Published June 28th, 2001 - 02:00 GMT
Al Bawaba
Al Bawaba

The Syrian cabinet has approved a draft law to allow loss-making state companies to be run by private sector managers, reported Reuters.  

The draft law aims to introduce management service contracts, a concept that has already been successfully introduced in the oil and gas sector. 

According to the agency, the manufacturing industry is the next target for the government – Albawaba.com

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