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A Saudi delegation has traveled to Damascus to explore investment opportunities in the war-torn country.

Riyadh is planning to invest $4 billion in Syria’s cement sector to help the country rebuild the destruction caused by the war.

The planning of aid to Syria by Western powers, regional Arab countries, and Turkey has gained momentum following the rise of the new government in Damascus. In this context, the presence of American companies in Syria’s energy infrastructure sector is noteworthy, which has taken place after U.S. sanctions were lifted through Riyadh’s mediation.

It can be understood that Syria’s development plays a crucial role in establishing stability in the Middle East and the Near East. It has the potential to transform anti-development conditions in the region into valuable opportunities for fostering regional stability.

In this context, Iraq, while receiving investment support, has backed Syria’s development process and is considering expanding energy transit routes through Syria to Europe.