DP World helps boost Syria recovery

Boats_on_Tartus_boat_harbor

Source: wikipedia

DP World has signed a 30-year concession agreement with Syria to develop and operate the Port of Tartus, marking a major milestone in the country’s post-conflict economic recovery

The agreement with the General Authority for Land and Sea Ports includes a planned US$800 million investment over the concession period to modernise the port and position it as a key trade hub for the Middle East, North Africa and southern Europe.

In addition to port development, DP World plans to explore free zones, inland logistics hubs and transit corridors in partnership with Syrian stakeholders, helping expand the country’s role in regional trade.

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