Syria-UAE Port Deal
Syria and UAE Sign $800M Deal for Tartous Port Development
Consensus reporting
1 sources analyzed
In April 2025, Syria and the United Arab Emirates' DP World signed an $800 million agreement to develop the port of Tartous. This significant deal is set to enhance the infrastructure and capabilities of one of Syria's key maritime hubs.
The agreement, scheduled to be implemented in April 2025, underscores a strategic partnership aimed at modernizing the port facilities. The development project is expected to bolster Syria's economic prospects by improving its trade and logistics capabilities. The port of Tartous is a critical asset for Syria, facilitating both domestic and international trade.
The port of Tartous has historically been a vital component of Syria's maritime infrastructure, serving as a gateway for various commercial activities. This development project is anticipated to further solidify its role in the region's maritime trade network. The agreement reflects a broader trend of international cooperation aimed at revitalizing Syria's economy through strategic investments in key infrastructure projects.