Syria and Chinese Company Sign Memorandum on Investment

Syria’s Ports Authority signed a strategic MoU with China’s Fidi Contracting, granting it full investment rights in the Hassia Free Zone (850,000 m²) in Homs and 300,000 m² in the Adra Free Zone near Damascus.

Syria said Thursday it had signed a memorandum of understanding with a Chinese company to invest in free zones for 20 years.

The General Authority for Land and Maritime Ports said on X that it had signed a “strategic agreement” with the Chinese company Fidi.

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by Agence France-Presse

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