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Syria and Iraq Open Investment in Roads as Both Countries Eye Infrastructure Recovery

Syria opens investment in roads as Syria eyes infrastructure recovery through its latest economic move. The Ministry of Public Works and Housing has officially placed the Damascus branch of the General Company for Roads and Bridges on the list of state-run firms eligible for investment. This step marks a key shift in Syria’s post-war rebuilding efforts, particularly in the transport and construction sectors.

The Damascus company has handled road and bridge projects in the capital and nearby areas for many years.

Additionally, government source said the company can manage projects worth around 5 billion Syrian pounds each year.. It also employs more than 400 engineers, technicians, and laborers.

The investment plan aims to attract offers from companies willing to finance, operate, or partner with the firm. Authorities hope to modernize the company’s fleet of construction equipment and improve its engineering capacity. These upgrades are crucial to meet the demands of Syria’s next phase of infrastructure development.

Officials believe the plan will help generate hundreds of local jobs and increase the country’s ability to complete vital projects using skilled domestic workers. The Ministry plans to release more details about the application and partnership process in the coming weeks. The investment opportunity is open to both regional firms and international players with road and bridge experience.

Economist Hassan Rifai stressed the importance of this move. He noted that Syria’s location—linking Turkiye, Iraq, the Gulf, and the Mediterranean—makes strong transport infrastructure essential for trade and movement. Rifai also suggested that Syria should draw on the skills and experience of construction companies.

Improving diplomatic ties between Damascus, Ankara, and Erbil could pave the way for cooperation. These regional companies have built a strong reputation for delivering high-quality transport projects. Now, they might play a vital role in Syria’s infrastructure recovery.

Syria opens investment in roads as Syria eyes infrastructure recovery and aims to attract technical partnerships that can speed up reconstruction. This shift not only targets economic growth but also supports political stability through job creation and better connectivity.