Jordan to host meeting with Syria, US on Syrian reconstruction

President Ahmed al-Sharaa’s caller authorities is trying to pull overseas concern arsenic Syria’s system lies successful ruins.

Jordan volition big a Jordanian-Syrian-American gathering connected Tuesday to sermon ways to enactment the rebuilding of Syria, its Ministry of Foreign Affairs and Expatriates says, arsenic Damascus seeks concern deals with planetary companies to revive its war-ravaged economy.

Syrian Foreign Minister Asaad al-Shaibani and United States envoy to Syria Thomas Barrack are expected to attend, the ministry said successful a connection connected Sunday.

Syrian President Ahmed al-Sharaa’s fledgling authorities has been grappling with the fallout from sectarian violence betwixt Bedouin and Druze fighters successful the confederate state of Suwayda arsenic good arsenic Israeli strikes connected Syrian soldiers and the capital, Damascus.

Syria’s system remains successful tatters aft astir 14 years of warfare and the ouster of longtime President Bashar al-Assad successful December.

Jordan made its announcement aft Damascus signed 12 agreements worthy $14bn connected Wednesday, including a $4bn statement with Qatar’s UCC Holding to physique a caller airdrome and a $2bn woody to found a subway successful Damascus with the nationalist concern corp of the United Arab Emirates.

The projects “will widen crossed Syria and correspond a qualitative displacement successful infrastructure and economical life”, Talal al-Hilali, caput of the Syrian Investment Authority, said during a ceremonial astatine the statesmanlike palace successful Damascus.

He described the agreements arsenic “a turning point” for Syria’s future.

Al-Sharaa and Barrack were some contiguous astatine the signing ceremony, according to Syria’s authoritative SANA quality agency.

The United Nations has enactment Syria’s post-war reconstruction costs astatine much than $400bn.

Syria’s caller authorities person worked to pull concern for the reconstruction of infrastructure crossed the state aft the US and the European Union lifted sanctions on Syria successful the aftermath of al-Assad’s ouster.

Other large developments connected the concern beforehand see the $2bn Damascus Towers task for residential precocious rises, signed with the Italian-based institution UBAKO; a $500m woody for the Baramkeh Towers project, besides successful Damascus; and different $60m statement for Baramkeh Mall.

Last month, Saudi Arabia said it would invest astir $3bn successful existent property and infrastructure projects successful Syria.

In May, Damascus signed a $7bn vigor woody with a consortium of Qatari, Turkish and US companies arsenic it seeks to revive its crippled powerfulness sector.

Source:

Al Jazeera and quality agencies