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View Technical Program - Levant Desalination Association

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AN OVERVIEW OF THE LEGAL FRAMEWORK FOR FOREIGN<br />

INVESTMENT IN SYRIA<br />

Anas Ghazi, Attorney at Law<br />

Attorney at Law - Chairman – Meethak, Lawyers & Consultants - Syria<br />

REF #IDA_DM2010-Ghazi<br />

ABSTRACT<br />

Among the Middle Eastern countries, Syria has keenly pursued in attracting<br />

Foreign Investment (FI). In this respect it has constantly striven to maintain the<br />

competitiveness of FI determinants, including the legal infrastructure. Various policy<br />

instruments and institutions have been deployed. Today, due to water scarcity in<br />

Syria, the foreign investment on water reuse becomes an essential economic need.<br />

To counter this phenomenon the Government of Syria has enhanced the utility of<br />

the existing determinants and is constantly considering new strategies to attract<br />

FI. Accordingly, the FI legal framework has also been enhanced. This presentation<br />

examines the legal aspects of FI in Syria on a broad basis and within the context, the<br />

emerging legislative policy investment.<br />

Currently, water in Syria is publicly owned, the state has almost absolute authority<br />

as regards water resources management, and consequently the water investment in<br />

Syria is based on a public-public partnership or private-public partnership contract.<br />

The aim of the presentation is to clarify the legal conditions of water investment,<br />

with a special focus on Arbitration which is the most common alternative dispute<br />

resolution (ADR) strategy provided for contracts investment in Syria.<br />

58<br />

Water Reuse and <strong>Desalination</strong>: Experience and Opportunity<br />

TECHNICAL PROGRAM

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