Syria: Turkish textile manufacturers consider production shift to Syria, citing lower production costs
"Turkish textile sector eyes Syria for production shift", 23 December 2024
Türkiye’s textile industry should consider relocating the production facilities to Syria, chairman of the Istanbul Textile and Raw Materials Exporters’ Association (ITHIB), Ahmet Oksuz, suggested.
...Oksuz praised Syria as a promising destination for investment, particularly in the textile industry. Recalling the substantial Syrian population that has settled in Türkiye in recent years, Oksuz noted, “Many of them have been employed across various sectors. Now, with their return to their homeland, establishing production facilities there would be highly beneficial for us.”
Oksuz emphasized that local production costs in Syria would be considerably lower, saying “Currently, we are facing challenges in both labor availability and costs in Türkiye, particularly in labor-intensive industrial sectors. If we can seize this opportunity, I believe it could lead to substantial benefits.”
Highlighting that the Turkish textile sector has increasingly focused on production in Egypt, Oksuz argued that shifting this focus to Syria could present a much more significant advantage, pointing out that regions near Türkiye have the potential to become vital production hubs.
If we can initiate labor-intensive production in areas close to Türkiye on the Syrian side, it would be a strategic advantage. In the near future, labor shortages and rising costs in Türkiye will become even more pressing issues. This approach could help mitigate those challenges while also benefiting the employment of Syrians and contributing to Türkiye’s production capacity...