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2026-11-05T01:00:00.000Z

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Syria projects get $403M

Syria projects get $403M

The Saudi Fund for Development and Syria’s Ministry of Finance signed six concessional development loan agreements worth more than $403 million to support vital sectors in Syria. The signing was attended by the Saudi Crown Prince and Syrian President Ahmad al-Sharaa. The projects include rehabilitating the Aleppo thermal power plant for $90 million; upgrading drinking-water metering for $30 million; establishing and rehabilitating 25 civil defense centers for $105 million; repairing up to 10,000 housing units for $60 million; rehabilitating and equipping hospitals and health centers for $100 million; and supporting the Ministry of Finance’s digital transformation with more than $18 million. The agreements aim to improve electricity, water, emergency response, housing, healthcare and government financial services, while strengthening infrastructure and living conditions in Syria.

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