Syria Signs MOU Valued at $4 Billion With UCC-Led Consortium to Rebuild Damascus International Airport
Syria signed a memorandum of understanding with a consortium led by UCC Holding to redevelop and expand Damascus International Airport. The Syrian counterparty was the Syrian Civil Aviation Authority. SANA lists the airport among the investment projects for which memorandums of understanding were signed that day, and quotes Talal al-Hilali, chairman of the Syrian Investment Authority, giving an investment value of $4 billion.
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Sources & Citations
[1]
Damascus Airport project for 31 million passengers annually
— Syrian Arab News Agency (SANA)
· Aug 6, 2025
Tier 1
[2]
Syria signs $14bn infrastructure deals, will revamp Damascus airport
— Al Jazeera
· Aug 6, 2025
Tier 2
[3]
Syria Signs USD 4 Billion Foreign Investment Agreement with Qatari-led consortium (company release)
— UCC Holding
· Aug 6, 2025
Tier 1
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Tier 4 opinion or single-source.
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The Cascade Ledger. “Syria Signs MOU Valued at $4 Billion With UCC-Led Consortium to Rebuild Damascus International Airport.” The Capture Cascade Timeline, August 6, 2025. https://capturecascade.org/event/2025-08-06--syria-civil-aviation-authority-signs-mou-ucc-consortium-damascus-airport-4-billion/