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Tartus Port: Dubai Ports' New Trade Route
The article discusses the investment by the UAE-based group "DP World" in the Syrian port of Tartous. An exclusive concession agreement was signed for 30 years, valued at $800 million, to transform the port into a regional trade corridor serving neighboring countries such as Iraq, Jordan, Lebanon, and Turkey, instead of remaining a purely local facility. The plan includes upgrading infrastructure, supplying modern equipment, and expanding the port's capacity through a digital system, with the expectation that the three cranes will boost the port's capacity by 40%. This move is part of Syria's efforts to revive its logistics sector and restore the historic port's role as a regional trade gateway. It also reflects "DP World's" intention to expand its network in the Eastern Mediterranean. This development follows the cancellation of a previous Russian agreement and various investments from international companies aimed at strengthening Syrian ports and developing their infrastructure—efforts that aim to integrate Syria into regional trade networks and enhance its economic capabilities.
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