Syria signs $800 million agreement with DP World to bolster ports infrastructure

Syria’s General Authority for Land and Sea Ports on Sunday signed a $800 million agreement with UAE’s DP World to bolster Syrian ports infrastructure and logistical services, Syrian state news agency Sana reported.

The agreement follows on from a memorandum of understanding signed between the two sides in May.

The deal with DP World, a subsidiary of United Arab Emirates investment company Dubai World, focuses on developing a multi-purpose terminal at Tartous on Syria’s Mediterranean...