Damascus, SANA-President Bashar al-Assad issued Law No. 2 for the year 2023, which includes amendments to some provisions of Investment Law No. 18 for the year 2021, with the aim of finding an appropriate mechanism to avoid institutional restrictions, simplify investment procedures in the field of real estate development, and focus on defining responsibilities and roles among the various organizational structures concerned with investment, in order to optimally benefit from the exemptions, advantages and facilities granted by Law No. 18. The decree comes in view of the fact that the establishment of investment projects for the purposes of real estate development or for the purposes of urban
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