403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Syria Seals USD14B Foreign Investment Agreements
(MENAFN) Syria has secured investment agreements totaling $14 billion with international firms, media reported Wednesday. The state-run news agency said the deals span 12 major projects across the country, focused on revitalizing infrastructure, expanding transportation, and boosting commercial development.
The agreements were formalized during a signing ceremony held in Damascus, which was attended by interim Syrian leader Ahmad al-Sharaa.
Talal al-Hilali, head of the Syrian Investment Authority, stated during the ceremony that the agreements marked “an announcement that Syria is open for investment.”
Al-Hilali outlined several major projects included in the deal. Among them: a $4 billion overhaul of Damascus International Airport, a $2 billion initiative to build a Damascus Metro system, and the $2 billion Damascus Towers development.
Also featured are the Baramkeh Towers, estimated at $500 million, and the Baramkeh Mall project, valued at $60 million.
Syrian interim officials have recently stepped up efforts to attract foreign capital through a wave of investment pledges and infrastructure initiatives. Public sentiment remains divided—some citizens are cautiously hopeful, while others withhold judgment, waiting for visible progress on the ground.
The agreements were formalized during a signing ceremony held in Damascus, which was attended by interim Syrian leader Ahmad al-Sharaa.
Talal al-Hilali, head of the Syrian Investment Authority, stated during the ceremony that the agreements marked “an announcement that Syria is open for investment.”
Al-Hilali outlined several major projects included in the deal. Among them: a $4 billion overhaul of Damascus International Airport, a $2 billion initiative to build a Damascus Metro system, and the $2 billion Damascus Towers development.
Also featured are the Baramkeh Towers, estimated at $500 million, and the Baramkeh Mall project, valued at $60 million.
Syrian interim officials have recently stepped up efforts to attract foreign capital through a wave of investment pledges and infrastructure initiatives. Public sentiment remains divided—some citizens are cautiously hopeful, while others withhold judgment, waiting for visible progress on the ground.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research
More Story
Comments
No comment