Qatar Funds $4B Syrian Airport, Boosts Energy with Azeri Gas
Qatar Funds $4B Syrian Airport, Boosts Energy with Azeri Gas

Qatar Funds $4B Syrian Airport, Boosts Energy with Azeri Gas

News summary

Qatar is playing a pivotal role in Syria's reconstruction and economic revival through significant investments and energy support. A $4 billion strategic Memorandum of Understanding was signed to develop Damascus International Airport, aiming to transform it into a major regional hub, reflecting Syria's efforts to restore its global connectivity and economic growth. Additionally, Qatar has funded natural gas deliveries from Azerbaijan through Turkey to Syria, boosting power generation capacity by approximately 1,000 megawatts and increasing electricity supply by several hours daily, which is essential for industrial and agricultural productivity. Qatar's involvement extends to multiple sectors, including a $7 billion agreement with the U.S. and Turkey for energy infrastructure, and investments in media and tourism projects. Syrian officials emphasize that Qatar's energy support reduces the financial burden on the government, stabilizes the power grid, and encourages regional cooperation, including ties with Saudi Arabia. These combined efforts underscore Qatar's strategic commitment to Syria's economic recovery and infrastructure development amid ongoing challenges.

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