The General Authority for Land and Sea Ports has signed
a memorandum of understanding with Dubai Ports World (DP World) valued at $800
million, marking a strategic move to strengthen port infrastructure and logistics
services in Syria. The memorandum includes a comprehensive investment in the
development, management, and operation of a multi-purpose terminal at Tatous
Port, aimed at increasing the port’s efficiency, boosting its operational
capacity, and enhancing its role as a key hub for regional and international
trade.
The two parties also agreed to collaborate on
establishing industrial zones and free zones, as well as dry ports and freight
transit stations in several strategic locations across the Syrian Arab
Republic, reflecting their shared commitment to supporting economic development
and facilitating trade and transport.