In a notable investment move, DP World has signed a memorandum of understanding with the General Authority for Land and Maritime Ports in Syria to develop and operate a multi-purpose terminal at Tartous Port, with a total investment of $800 million.

The agreement also includes plans to establish free zones, dry ports, and logistics hubs in key strategic areas across Syria, aiming to support reconstruction efforts and boost economic activity.

According to profilenews, this development comes amid growing international signals suggesting a potential easing of economic sanctions on Syria—an opening that could attract further foreign investment.

source: profilenews.com