Grand Investment Plan: Syria Launches 12 Projects Worth $14 Billion

The capital, Damascus, witnessed the largest announcement in decades in the history of the Syrian economy. The Syrian Investment Authority revealed the signing of memoranda of understanding to implement 12 strategic projects with a total value of $14 billion. This plan represents a clear indication of the beginning of the comprehensive reconstruction phase following the political change.

The projects focus on vital sectors, most notably:

Transport infrastructure development: development of Damascus International Airport and the Damascus Metro project.

Urban and real estate development: tower and shopping mall projects in Damascus.

Energy and services.

The head of the Syrian Investment Authority emphasized that these projects are not only aimed at building facilities, but are also "engines for generating job opportunities and building the confidence of international investors."

The signing ceremony was marked by a significant international presence, including representatives from Gulf, Turkish, American, and European companies, underscoring the regional and international rapprochement with the new Syrian administration.

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