Ankara to build industrial zones in Syria: Turkey is looking to set up industrial zones for SMEs in Syria to jump-start its war-torn economy and trade, Bloomberg reports, citing comments made at a ministerial meeting. The Turkish plan will see zones that include factories and industrial products distribution activities throughout Syria, Syrian Economy and Industry Minister Nidal Al Shaar is quoted as saying. No details on the possible investment ticket has been disclosed.

Turkey is going all in on Syria: Ankara announced earlier this year that it would annually export some 2 bn cbm of gas to Syria to boost its neighbor’s electricity generation capacity by 1.3 GW, as well as triple its Syria-bound electricity exports to 1 GW. A Turkish pipeline will further facilitate the import of nearly 1.2 bn cbm of Azerbaijani natural gas per year to Syria.

So are other neighbors: Qatar announced it was planning to export 2 mn cbm of natural gas daily to Syria to help address the country's energy crisis. Jordan is considering a similar plan, which would see Amman provide up to 250 MW of electricity during non-peak hours. Iraq is also working to restart the Kirkuk-Baniyas oil pipeline, which has a capacity of 300k bbl/d. DP World also signed a 30-year agreement with Syria's General Authority for Land and Sea Ports to develop and operate the Port of Tartus at an investment ticket of USD 800 mn.

IN OTHER NEWS FROM SYRIA-

Syria is eyeing a new airport development at an investment ticket of USD 4 bn, Investment Minister Talal Al Hilali said in a statement on Syria TV (watch, runtime: 2:21). The figure comes as part of a USD 14 bn investment plan that would go toward 12 major infrastructure projects. The timeline for the airport project was not disclosed, nor were other details on the remaining infrastructure projects.

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