Baladna Q.P.S.C. has signed a memorandum of understanding (MoU) with Türkiye-based Gurmen Group to explore the development and operation of a textile manufacturing facility in Syria through a potential joint venture.
The agreement establishes a framework for the companies to assess the project’s feasibility. The proposed cooperation focuses on transferring industrial expertise, creating employment opportunities and strengthening Syria’s textile manufacturing capabilities.
The MoU was signed by Baladna President Ramez Al Khayyat and Remzi Gur of Gurmen Group.
Assessing Opportunities in Syria’s Textile Industry
Under the agreement, Baladna and Gurmen Group will jointly evaluate the proposed facility and its operational requirements. The initiative remains at the feasibility assessment stage, with the MoU providing a basis for exploring a potential joint venture.
The cooperation aims to combine international production expertise with local capabilities, supporting knowledge and technology transfer while contributing to the development of Syria’s textile industry.
Baladna Group Chief Executive Officer Marek Warzywoda said the partnership reflects the company’s interest in investments that support Syria’s economic recovery and productive sectors.
He highlighted the potential of textile manufacturing, particularly through partnerships that bring together international industrial experience and local resources. According to Warzywoda, Baladna aims to help build sustainable industries that generate jobs, strengthen domestic production and improve Syria’s competitiveness in regional and international markets.
Gurmen Group Brings Production and Market Expertise
Yasemin Gur Solmaz of Gurmen Group said the cooperation would explore the development of a modern textile manufacturing operation, drawing on the group’s experience in production, technology and international markets.
She said combining the strengths of both companies could support a competitive and sustainable business while contributing to the development of Syria’s textile sector.
The announcement did not specify the proposed facility’s location, investment value, production capacity, product range or development timetable.
Part of Baladna’s Broader Syria Investment Strategy
The textile initiative forms part of Baladna’s wider investment strategy in Syria, which spans agriculture and industry.
The company is advancing plans for an integrated dairy farm and processing facility, alongside partnerships intended to strengthen local production and support food security.
Baladna is also working with the International Finance Corporation (IFC) to explore dairy-sector development opportunities and greater participation by local farmers and livestock producers.
Its broader areas of interest include textile manufacturing, sugar production and strategic crops.
