It has a lifespan of 30 years
Yesterday in Damascus the agreement was formalized that assigns to the DP World group in Dubai the management of container traffic and of other miscellaneous goods in the Syrian port of Tartous. After the termination of the contract with the Russian Stroytransgaz Earlier this year, the management of these activities was awarded to the Middle Eastern terminal group (of 22 January and 16 May 2025). Yesterday the Syrian General Authority for Land and Sea Ports has signed a concession agreement with DP World 30-year term under which the Dubai group will invest in this period 800 million dollars for the modernization of the port infrastructure, the purchase of new equipment and systems Digital. In addition, DP World will undertake to evaluate the possibility of developing free zones, logistics centers internal and goods transit corridors in partnership with local businesses.
