Tiryaki Syria Partners with Sovereign Fund to Boost Agricultural Output

A new industrial hub in Syria will process 400,000 tonnes of oilseeds annually under a strategic agreement between Tiryaki Syria and the Syrian Sovereign Fund. The ten-year partnership aims to bolster national food security while generating an estimated 500 million dollars in annual production value for the local economy.

The facility is designed to anchor Syria's edible oil, feed, and livestock sectors, with plans to process 300,000 tonnes of soybeans and 100,000 tonnes of sunflower seeds each year. Hashem Shashaa, Country Manager of Tiryaki Syria, joined Chairman Mazen Al-Salhani and sector head Basel Ayyoub to finalize the deal, which leverages Tiryaki Agro’s six decades of international supply chain experience to modernize regional processing capabilities.

Beyond production capacity, the agreement mandates that at least 75 percent of the workforce—spanning both technical and managerial roles—must be Syrian nationals. Tiryaki will oversee specialized training programs intended to transition the facility toward independent local operation over the next decade. By integrating Tiryaki’s logistics and operational expertise with the Sovereign Fund's resources, the project seeks to establish a sustainable value chain that prioritizes domestic job creation and long-term economic stability.