{"id":115615,"date":"2026-06-08T00:00:00","date_gmt":"2026-06-08T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/menaplus\/?p=115615"},"modified":"2026-06-08T05:44:02","modified_gmt":"2026-06-08T05:44:02","slug":"foreign-investors-eye-syrias-cement-industry","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/08\/foreign-investors-eye-syrias-cement-industry\/","title":{"rendered":"Foreign investors eye Syria\u2019s cement industry"},"content":{"rendered":"<p class=\"tag-border-left\">Syria\u2019s cement is in hot demand<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>International investors flash interest in Syria\u2019s cement industry: <\/strong>More than 10 companies, including foreign players from Iraq, Jordan, Saudi Arabia, Turkey, and Czech Republic submitted offers in a tender to invest in the modernization of two cement plants in Aleppo and rural Damascus, Mahmoud Fadila, the head of the state-owned General Company for Manufacturing & Marketing of Cement and Construction Materials (Omran), told <a target=\"_blank\" href=\"https:\/\/sana.sy\/economy\/syrian-economy\/2494493\/\" style=\"\">Sana<\/a>. The tenders will be awarded within 30 days. <\/p>\n<p><strong>Cement will likely be a winning commodity in Syria in the next few years<\/strong>, as Syria embarks on post-conflict reconstruction efforts. The World Bank <a target=\"_blank\" href=\"https:\/\/www.worldbank.org\/en\/news\/press-release\/2025\/10\/21\/syria-s-post-conflict-reconstruction-costs-estimated-at-216-billion\" style=\"\">puts<\/a> Syria\u2019s reconstruction spending needs at some USD 216 bn. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- <\/strong>Saudi\u2019s Al Jouf Cement has been a key supplier of cement to Syria via short-term contracts since Assad was ousted, whereas UAE\u2019s QBZ Group and Iraq\u2019s Vertex recently <a target=\"_blank\" href=\"https:\/\/www.cemnet.com\/News\/story\/181418\/syria-s-cement-sector-emerges-from-the-shadows.html\" style=\"\">rehabilitated<\/a> cement facilities in Tartous and Hama. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">OPEC+ to bump (theoretical) production quota next month<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>The UAE-less OPEC+ approved a c. 188k barrel per day increase in quota for members<\/strong> starting in July. That\u2019s the fourth month in a row that cartel members will get a bump, but the number is \u2014 to a large degree \u2014 meaningless for Gulf-based members given that so little is actually making its way to market through Hormuz. OPEC+\u2019s real output has slumped, standing at c. 33 mn bpd in April against 43 mn bpd before the war started. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Saudi eyes Pakistan logistics push<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Saudi <\/strong><strong>could soon become an investor in Pakistan\u2019s logistics sector<\/strong>, after the Najd Gateway Holding and Saudi Business Council inked an MoU with Karachi Port Trust, Pakistan\u2019s Arif Habib Dolmen REIT, and Pakistan Corporate Consortium to explore developing a 140-acre maritime business district on Karachi port land, according to a <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/share\/p\/1BaRK4jAaM\/\" style=\"\">statement<\/a> from the Pakistani Maritime Affairs Ministry. The commercial development is set to include an industrial park, <a target=\"_blank\" href=\"https:\/\/www.dawn.com\/news\/2005638\/mou-signed-with-saudi-arabia-local-partners-for-140-acre-karachi-waterfront-development\" style=\"\">Dawn<\/a> reports, citing Pakistani Maritime Affairs Minister Junaid Anwar Chaudhry. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The agreement builds on a wider push by Islamabad to deepen maritime ties with the<\/strong> <strong>Kingdom<\/strong>. <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/ksa\/2025\/09\/29\/banks-reportedly-lower-monthly-deduction-rate-for-new-subsidized-loans\/\" style=\"\">Last year<\/a>, Pakistan advanced proposals for dedicated Saudi gateway terminals in Karachi and Gwadar, alongside direct shipping links connecting Jeddah with Karachi and Dammam with Gwadar, as part of its strategy to position itself as a trade bridge between the Gulf and Central Asia.<\/p>\n<p><strong>Why this matters: <\/strong>Going abroad with logistics investments would mark a new stage for Saudi, which spent the last few years heavily focused on domestic ports and logistics infrastructure, Oxagon, King Abdullah Economic City, and Jeddah Central. The UAE, in the meantime, has been a very active investor in overseas logistics, including in Pakistan where UAE\u2019s logistics champions \u2014 AD Ports and DP World \u2014 are investing in <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/095dd770-97c5-42d5-8604-70b5768d93d0\/ad-ports-group-inks-agreement-to-further-developments-and-operations-at%253cmark%253e-karachi-port%253c%2Fmark%253e\" style=\"\">port<\/a> and <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2026\/01\/15\/today-asyad-snags-order-for-three-dual-fuel-vlccs-to-fleet\/\" style=\"\">rail<\/a> concessions, as well as <a target=\"_blank\" href=\"https:\/\/enterpriseam.com\/logistics\/2025\/12\/22\/ad-ports-expands-in-pakistan-omans-duqm-gets-a-cold-chain-push\/\" style=\"\">inland logistics<\/a> and <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/8f96681a-3d1f-4350-b2ce-09f6ef540438\/ad-ports-inks-a-slew-of-agreements-to-bolster-pakistan-logistics,-maritime-sectors\" style=\"\">trade digital infrastructure<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<p class=\"tag-border-left\">Shot down <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Kuwait is making a USD 2 bn purchase of US counter-drone systems and ammunition<\/strong>, after the US government <a target=\"_blank\" href=\"https:\/\/www.state.gov\/releases\/bureau-of-political-military-affairs\/2026\/06\/kuwait-counter-unmanned-aerial-systems-platforms\/\" style=\"\">approved<\/a> the sale. The deal comes as renewed Iranian strikes targeted Kuwait and other GCC countries amid faltering ceasefire talks, and while some countries have pushed to diversify beyond the US for their defense needs \u2014 including with a spate of partnerships with Ukraine on drone defense. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Plus: OPEC+ bumps up production quota<\/p>\n","protected":false},"author":1,"featured_media":115616,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2569],"tags":[2568,2538,2642,2691],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-115615","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-also-on-our-radar","tag-also-on-our-radar","tag-enterpriseam","tag-manufacturing","tag-syria","wpautop","entry"],"acf":{"mongo_id":"3db5c4c7-2fe6-4052-836f-3c1fc14f51cb","order":"9","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/2091.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Reconstruction rush","related_issue":[115600],"teaser":"Plus: OPEC+ bumps up production quota"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Foreign investors eye Syria\u2019s cement industry - MENA+ Edition<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/menaplus\/2026\/06\/08\/foreign-investors-eye-syrias-cement-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign investors eye Syria\u2019s cement industry\" \/>\n<meta property=\"og:description\" content=\"Plus: OPEC+ bumps up production quota\" \/>\n<meta property=\"og:url\" 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