Expo Wraps Up in Damascus
A four-day reconstruction exhibition in Damascus has closed with organizers reporting contracts and agreements worth more than $1.756 billion (USD). The results were announced early on 17 September 2026, capping an event that gathered companies from across the region and beyond.
The exhibition brought together 356 firms from 27 countries, spanning local, Arab and international participants. It was staged with backing from the ministries of economy and industry, tourism, and local administration and environment, along with the national investment authority and the chamber of commerce federation.
Deals and Memoranda
Participants signed 3,200 direct contracts with a combined value of $1.756 billion, alongside 412 memoranda of understanding between local, Arab and international companies and institutions. The agreements concentrated on energy, industry, construction and infrastructure.
Memoranda of understanding are preliminary commitments, and their conversion into binding contracts will determine how much of the announced total is ultimately realized.
Largest Agreements
Among the headline deals, a Saudi contractor took a roads and infrastructure contract valued at $300 million, while a cement supply arrangement worth $72 million was described as ready for immediate execution. A separate $15 million contract covered water purification and pumping stations.
A local real-estate developer also signed supply contracts for construction materials and infrastructure tied to a residential project in the capital.
Sectors in Focus
The strongest interest fell on energy, industry, construction and infrastructure, the sectors most central to rebuilding damaged networks and housing stock. Water treatment, road links and building materials featured prominently among the signed deals.
The presence of Gulf and other regional contractors alongside local firms suggests cross-border financing is beginning to flow toward Syrian reconstruction projects rather than remaining at the discussion stage.
What It Signals
The volume of pledged capital points to renewed appetite for reconstruction work in Syria, where infrastructure, housing and utilities remain pressing priorities. The scale of participation, drawing firms from more than two dozen countries, indicates that foreign investors are weighing a return to the Syrian market.