Syria Announces Massive Investment Contracts at 'Reconstruction 2026' Exhibition
The Syrian capital recently hosted the 'Reconstruction 2026' exhibition, which aims to attract the necessary investments to rebuild the country's infrastructure and public facilities. Organizers announced the signing of preliminary contracts worth up to $1.75 billion during the days of the exhibition.
Official economic estimates indicate that the cost of comprehensive reconstruction in Syria could range between $140 billion and $345 billion, with an average of $216 billion. These costs are distributed across various vital sectors to ensure that life returns to normal in the affected areas.
According to the announced data, approximately $75 billion of the total estimated budget has been allocated to the residential building sector, while $59 billion has been allocated to non-residential buildings. The plans also include investments worth $82 billion focused on the development of other essential facilities and services.
This exhibition comes at a time when the relevant authorities are seeking to encourage companies and investors to participate in long-term development projects. The Syrian government hopes that these contracts will contribute to stimulating the economy and creating new job opportunities in various governorates.