Syria inks deals worth $14bn for real estate, transport projects

Syria on August 6th agreed to 12 investment deals valued at $14 billion which include infrastructure, transport, and real estate projects, that intend to support the country’s post-war recovery, according to Al-Monitor via Reuters.

Among the agreements was a $4 billion deal to build a new airport in the the Syrian capital of Damascus as well as a $2 billion deal to set up a subway in Damascus and a Damascus Towers project, which is worth $2 billion.

Previously in July, Syria signed investments with Saudi Arabia worth $6.4 billion – another indication of the nation eyeing recovery following a 14-year civil-war.

Al-Monitor via Reuters