He added that initial talks and necessary coordination have been made with the Iranian companies for signing contracts in the near future.
Al-Fakiani also put the number of visitors to the Damascus Fair this year to be at more than 1.4 million people.
He added that the exhibition has a total area of 90,000 square meters (22.2 acres).
In the event that kicked off yesterday, companies from different countries such as Iran, Russia, China, India, Brazil, Portugal, Algeria, Lebanon, Palestine, Iraq, Oman, United Arab Emirates, South Africa, the Philippines, Indonesia and the Czech Republic are showcasing their products.
Iran has been trying hard to grab the lion's share of the Syrian market as it threw its support behind the Syrian government during the past eight tough years.
On Wednesday, Iranian and UN officials in a meeting in Tehran conferred on the latest developments in Syria, discussing the ways to soothe the crisis in the war-hit country and start reconstruction projects.
In July, Advisor to the Iranian Parliament Speaker Hossein Amir Abdollahian, in a meeting with Syrian Parliament Speaker Hammouda Sabbagh in Damascus, said that Iran will fully support Syria politically and economically, adding that Tehran is determined to throw its back behind the Arab country's reconstruction.