Tiryaki Agro and Syrian Sovereign Fund Boost Agro-Food Security

Facebook
Twitter
LinkedIn
Representatives from Tiryaki Syria and the Syrian Sovereign Fund (Image Courtesy: PRNewswire official website)
Representatives from Tiryaki Syria and the Syrian Sovereign Fund (Image Courtesy: PRNewswire official website)

Tiryaki Syria, operating under Tiryaki Anadolu, a wholly owned subsidiary of Tiryaki Agro, has entered into a strategic cooperation agreement with the Syrian Sovereign Fund aimed at strengthening Syria’s agricultural processing industry and supporting food security.

The signing ceremony was attended by H.E. Mr. Mazen Al-Salhani, Chairman of the Syrian Sovereign Fund, Mr. Basel Ayyoub, Head of the Food and Feed Sector at the Syrian Sovereign Fund, Mr. Hashem Shashaa, Country Manager of Tiryaki Syria, as well as representatives from the Fund’s legal and finance departments.

The facility is expected to serve as a key industrial hub for Syria’s edible oil, food, feed, poultry, and livestock sectors. Under the cooperation framework, the facility is planned to process approximately 300,000 tonnes of soybeans and 100,000 tonnes of sunflower seeds annually. This corresponds to an estimated annual product processing value of around USD 500 million. The planned production capacity is expected to contribute significantly to strengthening Syria’s food security, enhancing domestic agricultural production, and supporting the development of integrated value chains.

Leveraging more than 60 years of international experience in logistics, sourcing, operations management, and agricultural value chain development, Tiryaki Agro will contribute its technical expertise and operational know-how to the efficient functioning of the facility.

A key pillar of the cooperation is human capital development. Syrian nationals are expected to represent at least 75 percent of the total workforce, including both technical and managerial positions. Tiryaki will implement structured training and capacity-building programs to support local professionals in independently operating, managing, and commercializing the facility’s output over time.

The agreement covers a 10-year operational period and reflects a shared vision for building sustainable industrial capacity, creating long-term economic value, and increasing employment opportunities in Syria.

(Image Courtesy: Triyaki & Syrian Sovereign Fund official website)
(Image Courtesy: Triyaki & Syrian Sovereign Fund official website)

Leveraging more than 60 years of international experience in logistics, sourcing, operations management, and agricultural value chain development, Tiryaki Agro will contribute its technical expertise and operational know-how to the efficient functioning of the facility.

A key pillar of the cooperation is human capital development. Syrian nationals are expected to represent at least 75 percent of the total workforce, including both technical and managerial positions. Tiryaki will implement structured training and capacity-building programs to support local professionals in independently operating, managing, and commercializing the facility’s output over time.

The agreement covers a 10-year operational period and reflects a shared vision for building sustainable industrial capacity, creating long-term economic value, and increasing employment opportunities in Syria.

Source

Share.

RELATED POSTS

Interns-will-have-the-opportunity-to-experience-hands-on-training-in-the-development-launch-and-end-to-end-management-of-digital-marketplaces.
Mazad launches Elevate Summer Internship Programme
Auto World, announced the launch of a new business line offering short-term rental services for individuals. Image courtesy: Auto World
Budget Saudi Launches Auto World Brand for Car Rentals
Dina Shalaby, Head of Growth at Valu. Image Courtesy: Valu
Valu and IKEA Egypt renew partnership for two more years

LATEST POSTS

Vivek Anand, Incoming Vice President, Commercial Strategy & Global Sales (Image Courtesy - PRNewswire) (2)
Brock Ballard, Chief Revenue Officer, AVEVA. Image courtesy-AVEVA
The Shift Toward Workforce Compliance as a Strategic Driver for Business Growth (Image Courtesy: Drazen Zigic)
Old Navy Gets New Leadership Under Gap Inc. (Image Courtesy: Magnific)