The General Authority of Civil Aviation in the Syrian Arab Republic signed the final concession contracts related to investment in the development, expansion, construction, and operation of Damascus International Airport with an international consortium led by UCC Holding through its subsidiary Urbacon Concessions Investment, with the participation of Cengiz İnşaat of Turkey, Kalyon İnşaat of Turkey, and Assets Investments of the United States. The project represents the largest investment in Syria’s history, valued at USD 4 billion, reflecting strong international confidence in the future of Syria’s aviation sector.

Implementation works have also begun on the ground, as the consortium companies commenced the development works of Terminal 2 at the airport, in addition to the rehabilitation of the old hotel building inside the airport premises, and the start of improving the main road leading to the airport, reflecting the consortium’s commitment to implementing the project according to an accelerated timetable consistent with the requirements of rehabilitating the airport and raising its operational readiness.