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Syria will host foreign investors at the “International Fair for the Reconstruction of Syria” in its capital, Damascus, from Oct. 29 to Nov. 1, as the government seeks international participation in a $400 billion reconstruction program to repair the damage caused by years of conflict, Turkish media reported.
According to documents prepared for participants and shared with invited companies, the event will bring together companies and investors from several countries, including Türkiye, to explore partnerships in reconstruction projects and long-term economic cooperation, the Turkish news outlet Milliyet reported.
At the fair, Syrian authorities will present investment laws and regulations designed to encourage foreign participation.
The country will be promoted as an "economy ready for export," with officials stressing opportunities in sectors such as energy, industrial production and construction.
Organizers said the fair will focus on clearing debris, restoring essential infrastructure, and redeveloping destroyed areas into modern residential and commercial zones.
Plans also emphasize sustainable urban design and the launch of large-scale projects in energy and manufacturing.
The gathering is intended to create direct partnerships between foreign businesses and Syrian institutions, paving the way for long-term cooperation and sustainable development, it added.
The presentation at the fair indicated that nearly 68% of the country’s infrastructure was destroyed during the 14-year civil war, leaving about 40% of the population in need of housing.
Over 10,000 schools were either fully or partially damaged, while energy and water infrastructure remain impaired across much of the country.
The reconstruction-linked real estate market already carries an estimated value of $60 billion, the document noted.
Priority sectors highlighted for foreign investors include construction and infrastructure, renewable and conventional energy, and industrial production lines targeting both domestic consumption and export markets.
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