Syria has finalized international investment deals totaling approximately $14 billion to fuel its post-war reconstruction and economic recovery efforts as of August 10, 2025. These significant commitments from regional and international partners are expected to drive the nation's rebuilding and infrastructure development under the transitional government led by President Ahmed al-Sharaa.
Key agreements include a $4 billion investment from Qatar's UCC Holding for the expansion of Damascus International Airport, aiming to transform it into a regional hub with a projected annual capacity of 31 million passengers. The UAE's National Investment Corporation has committed $2 billion to establish a new subway system in Damascus, anticipated to serve around 750,000 commuters daily. Additionally, Italy-based UBAKO is set to invest $2 billion in the "Damascus Towers" project, which will feature 60 residential towers and provide approximately 20,000 housing units. These initiatives are part of a larger reconstruction effort, with the United Nations estimating the total cost to exceed $400 billion. International aid pledges have also contributed nearly $6.5 billion to these critical endeavors.
Saudi Arabia pledged over $6 billion in July 2025 for various sectors, underscoring its commitment to Syria's economic resurgence. Turkish Foreign Minister Hakan Fidan reaffirmed Turkey's dedication to Syria's stability and reconstruction during a meeting with President al-Sharaa on August 7, 2025, discussing bilateral ties, regional security, and the management of camps housing individuals linked to extremist groups. Syria is also preparing for its parliamentary elections, scheduled from September 15-20, 2025, which will be the first since the fall of the previous regime, utilizing an indirect system where 140 members of the People's Assembly will be selected by local committees and the remaining 70 appointed by the president. Concerns have been raised regarding the $2 billion Damascus Towers project awarded to UBAKO-I S.R.L, an Italian firm with limited capital and a single employee, highlighting the need for thorough due diligence in securing international partnerships for large-scale reconstruction projects.