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The Report: Syria 2011
Oxford Business Group, March 2011
With expanding trade ties and rising levels of foreign investment, as well as a young and rapidly growing population, Syria is poised for economic growth in the coming years. Reform programs are under way in many areas, including infrastructure development, where public-private partnerships are playing a key role in upgrading the country's transportation network. Hydrocarbons remain the backbone of the economy, and tourism is a growing source of revenue. Motivated by a projected decline in crude reserves, Syria is also collaborating with foreign firms to accelerate energy production and exploration. National economic objectives are supported by a stable political system that has improved ties with the international community under President Bashar Al Assad.
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