Syria signs 30-year port deal with shipping giant

Middle East News
01-05-2025 | 08:20
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
print
Syria signs 30-year port deal with shipping giant
Whatsapp
facebook
Twitter
Messenger
telegram
print
0min
Syria signs 30-year port deal with shipping giant

Syria signed a 30-year contract with French shipping giant CMA CGM to develop and run the port of Latakia, the port's director and a company official said on Thursday.

Joseph Dakak, CMA CGM's regional director, told AFP at the signing ceremony the company was "pleased today to announce the signing of an investment and management contract for the port of Latakia for the next 30 years".

Port director Ahmed Mustafa said the agreement included an investment of 230 million euros ($260 million) to upgrade the facility, including the construction of a new pier built to "global standards."

Reuters

Middle East News

Syria

Port

Deal

Shipping

LBCI Next
Next round of US-Iran talks likely delayed, Axios reports
Mayor of Sahnaya shot dead following clashes; Syrian authorities launch investigation
LBCI Previous
Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More