DP World secures 30-year concession to revamp Port of Tartus in Syria

DP World has formalised a 30-year concession agreement with Syria’s General Authority for Land and Sea Ports aimed at the development and operation of the Port of Tartus.

Under this agreement, the company plans to invest $800m throughout the concession period to enhance the port’s infrastructure, positioning it as a vital trade hub linking Southern Europe, the Middle East, and North