The Halant Giant Throughout the Gallai in Dubai DP World Signed a 30-year construction-transfer-transfer-transfersion (bot) concession agreement with Tartus in Syria, which marks an important economic recovery in the country.
Under the General Authority Agreement in Syria for sea ports, DP Ports invest in $ 800m during construction in the Southern European regional construction, in the Middle East, and North Africa.
Damascus agreement was signed by the president of the Syrian president Ahmed Al-Sharaa and Group CEO Sultan Ahmed Bin Sundeming Qutaiba Ahmed Badawi.
The agreement was found to be a critical measure of economic change in Syria after years of conflict and underinvestment.
Sultan Ahmed Bin Totayem, Chairman and Group CEO in DP World, “This Agreement to Change Tartus and Repair to Strengthen Tartus Tartus and Request to Strengthen Support In the tartungan and improve the revelation of the tartus.
“We believe in trading power to help drive long-term capability and prosperity for Syria and the region.”
DP World Syria Development Plans:
- Top infrastructure upgrades for contents and general cargo cargo
- Install advanced freight management equipment and digital system
- Expand Breakbulk, Roll-On / Roll-Off Trap Traffic, and Inland logistics services
- Potential development of free zones and transit corridors
Located in Mediterranean in Syria, Tartus is the second largest port of the country, with a strategic location that links Europe, the cement, and North Africa. Upgrade can encourage Syria’s capacity to handle different types of shipment and improve compete with regional regional networks.
Qutaiba Ahmed Badawi, Chairman of the General Authority in Syria for sea ports, “This Agreement is in the worst way of Tartus and Partnies in Portunity Portunity Portunes
“The Agreement shows our shared view of the Tartus change in a strategic gateway that links Syria with regional and international development markets for many years.”
With operations in over 75 countries and 9.2 percent of traffic in the global container, DP World a LOGISTIK’s global infrastructure leader. Tartus project increases with the growing portfolio in the middle of the east and highlight the strategy to invest in long-term trading and beautiful supply chains.
