The General Authority for Land and Sea Ports and DP World sign a memorandum of understanding worth USD 800 million

Domestic NewsEconomyfeature

The General Authority for Land and Sea Ports signed a memorandum of understanding with Dubai Ports World worth 800 million US dollars. This strategic agreement aims to strengthen the port and logistics infrastructure in Syria.

The memorandum includes a comprehensive investment in the development, management, and operation of a multi-purpose terminal at the port of Tartus.
This investment is expected to enhance the port’s efficiency and increase its operational capacity, solidifying its role as a hub for regional and international trade.
Both parties agreed to collaborate on the establishment of industrial zones, free zones, dry ports, and cargo transit stations in several strategic locations within the Syrian Arab Republic. This cooperation reflects their commitment to support economic development and facilitate trade and transportation.
This initiative aligns with the Syrian government’s vision to enhance the transport and logistics sector, attract foreign direct investments, and contribute to reconstruction efforts while stimulating the national economy.

Amal Farhat

Latest news
Muslim World League Welcomes EU’s Lifting of Sanctions on Syria as a Positive Step Forward Restoration Project of the Cultural Stairway Launched in Lattakia privince Syrian-Jordanian Agreement on Unified Fees… and 11 Weekly Flights to Damascus Jordanian Foreign Minister: My Visit to Damascus Was Fruitful Minister of Local Administration and Environment Discusses Cooperation with Swiss Mission in Damascu... Damascus Chamber of Commerce: lifting economic sanctions is a positive step toward rebuilding bridge... Jordanian Delegation to Visit Syria Next Week to Explore Economic and Investment Cooperation U.S. Secretary of State: Action must be taken at the congressional level to develop the private sect... Syrian , Turkish Defense Officials Discuss Enhancing Cooperation to Support Regional Stability Turkish Minister of Treasury and Finance: A Stable and Prosperous Syria Is a Major Gain for the Regi... Minister of Education Discusses Support for Education Sector with UK Minister for the Middle East Minister of Health Discusses Opportunities for Joint Cooperation with Head of Global Development at ... Syria , Jordan Sign MoU to Establish High Coordination Council Press conference for Minister of Foreign Affairs and Expatriates Al-Sheibani and his Jordanian count... UN , Saudi Arabia Sign Agreement to Rehabilitate Bakeries in Syria Minister of Health meets a number of his counterparts in Geneva Syria is among the world's top 10 pistachio-producing countries Foreign Minister Al-Sheibani Receives a  High-Level Jordanian Delegation in Damascus to Establish Jo... Kallas: We hope the EU will reach a decision today to lift sanctions on Syria Jordanian Foreign Minister Ayman Safadi Visits Damascus at the Head of a High-Level Ministerial Dele...