CIP in a Week 02: Tartus port, the Investment Authority, Latakia port, road corridors, Yaafour 963, Syria–Oman, the Tanf road, Syria’s schools, and Gulf Sands
The most important agreements, projects and contracts in Syria this week — 22 to 29 October 2026
Prepared by: Construction & Investment Prime (CIP)
Nine items: Tartus and Latakia ports, the Investment Authority, three road corridors, Yaafour 963, Syria–Oman bus talks, the Tanf road, schools, and Gulf Sands Block 26. Each item in brief, with a link to the full article on cip.sy.
Full issue on the website:
1. Tartus port × “DP World” — 22 October 2026
Delivery of three mobile cranes was completed, raising handling capacity by about 40%, under a 30-year concession with an $800 million investment; the announced target: 204,000 containers by the end of the year.
Full article: https://cip.sy/dp-world-tartus-port/
2. Investment Authority × Syrian-Australian Business Council — 22 October 2026
Director General Ahmad Rawad Ramadan discussed with the Council’s delegation cooperation in industry and food security, in preparation for an Australian delegation visit after the Australian elections in November — a meeting and discussion, not a signed contract.
Full article: https://cip.sy/?p=5359
3. Latakia port — 22 October 2026
The port received six new fifth-generation gantry cranes worth more than €16 million, under the French development contract with “CMA–CGM” (30 years, €230 million in total); handling reached 4 million tonnes in the first ten months of 2026.
Full article: https://cip.sy/?p=5397
4. Syrian-Qatari alliance × three road corridors — 23 October 2026
The Ministry of Transport announced the award of contracts to rehabilitate the Damascus–Homs, Homs–Aleppo and Saraqib–Idlib corridors to an alliance of Syria’s Lobbar and Qatar’s Jaber Engineering; signing in the coming weeks in preparation for starting implementation — award, not signing yet.
Full article: https://cip.sy/?p=5391
5. Yaafour 963 — Building B11 — 25 October 2026
The project opened bookings in Building B11 in the first phase near Damascus: 94 residences over ten residential floors next to the social club (clubhouse).
Full article: https://cip.sy/yaafour-nine-six-three-b-eleven/
6. Syria × Oman — bus talks — 25 October 2026
Minister of Transport Yarob Badr discussed with the CEO of the Omani vehicle manufacturing company opportunities for cooperation and investment in supplying and manufacturing buses and developing transport services — talks, not a signed contract.
Full article: https://cip.sy/syria-oman-bus-manufacturing-talks/
7. Damascus–Tanf road contract — 26 October 2026
The General Establishment for Road Transport signed a $147 million contract with Qatar’s Al-Muhandi company to rehabilitate and expand the road to the Tanf crossing on the Iraqi border, with an implementation period of 900 days.
Full article: https://cip.sy/ar/syria-iraq-tanf-road-contract-ar/
8. Azerbaijan × ICESCO — Syria’s schools — 27 October 2026
It was announced in Baku that the partnership will result in the restoration of 100 damaged schools and the construction of 10 new educational facilities, implementing the February 2026 tripartite agreement ($30 million) between ICESCO and the Azerbaijani Ministry of Education and the Syrian Ministry of Education, until 31 December 2030.
Full article: https://cip.sy/azerbaijan-icesco-syria-schools-rehabilitation/
9. Gulf Sands — Block 26 — 28 October 2026
The company, with Dijlah Petroleum, invited drilling contractors to express interest in a five-well campaign in Block 26 in north-east Syria on a turnkey basis, with a targeted start in the second quarter of 2027 subject to approvals and award — the current announcement is an initial market survey, not an invitation to bid.
Full article: https://cip.sy/gulfsands-block26-five-well-drilling-campaign/
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