Syria Announces 12 Projects Worth $14 Billion, Including Investment in Damascus International Airport

The Syrian Investment Authority announced 12 investment projects with a total value of $14 billion.

Talal al-Hilali, Chairman of the Syrian Investment Authority, explained during an investment conference held in Damascus today to sign investment memoranda of understanding with a number of international companies at the People’s Palace in Damascus, in the presence of Syrian President Ahmad al-Sharaa, that the most prominent announced projects include: the $4 billion investment in Damascus International Airport, the $2 billion investment in the Damascus Metro, a vital infrastructure and urban mobility project, the $2 billion Damascus Towers, the $500 million Baramkeh Towers, and the $60 million Baramkeh Mall.

Hilali stated that the projects will extend across Syria, representing a qualitative shift in infrastructure and economic life.