{"id":105509,"date":"2025-07-14T00:00:00","date_gmt":"2025-07-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/dp-world-to-develop-tartous-port-under-30-year-agreement\/"},"modified":"2025-07-14T00:00:00","modified_gmt":"2025-07-14T00:00:00","slug":"dp-world-to-develop-tartous-port-under-30-year-agreement","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/07\/14\/dp-world-to-develop-tartous-port-under-30-year-agreement\/","title":{"rendered":"DP World to develop Tartous Port under 30-year agreement"},"content":{"rendered":"

DP <\/strong>World inks USD 800 mn agreement to develop Syrian port:<\/strong> State-owned logistics giant DP World inked a 30-year concession agreement with Syria's General Authority for Land and Sea Ports (GALSP) to develop and operate Tartous Port in Syria, according to a press release<\/a>. Under the agreement, the port operator will invest USD 800 mn<\/a> over the concession\u2019s duration to boost the port\u2019s infrastructure in a bid to facilitate trade across Europe, the Middle East, and North Africa, the statement reads. <\/p>\n

The details: <\/strong>The agreement will see DP World develop the port under a build-operate-transfer (BOT) model, with DP World having full ownership, according to the Dubai Media Office<\/a>. The UAE port operator will also explore the option of setting up industrial zones, freezones, dry ports, and freight transit stations in strategic areas across Syria under the agreement.<\/p>\n

Background: <\/strong>The signing formalizes an MoU inked back in May<\/a>, which had been a major investment milestone for the Syrian government following the lifting of long-standing sanctions.<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"

The agreement will see DP World develop the port under a build-operate-transfer (BOT) model<\/p>\n","protected":false},"author":1,"featured_media":105510,"comment_status":"","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":[1632],"tags":[244,7,25,99,1445],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-105509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-logistics","tag-dp-world","tag-enterpriseam-uae","tag-investment-watch","tag-logistics","tag-syria","wpautop","entry"],"acf":{"mongo_id":"9251cbf5-dba2-4822-95df-f35cebeeb6c5","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/3\/1427.jpg","photo_position":"above","homepage_title":"","full_issue_title":"DP World to develop Tartous Port under 30-year agreement","related_issue":[105497],"teaser":"The agreement will see DP World develop the port under a build-operate-transfer (BOT) model","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/7\/.063b0baa-c186-4a86-b9ca-56c38f7de17c.mp3"},"yoast_head":"\nDP World to develop Tartous Port under 30-year agreement - 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