7 Billion Dollars Will Be Invested In Energy Sector Of Syria

In the presence of Syria President Ahmed al-Shara between the Syria Ministry of Energy and Kalyon Holding and Cengiz Holding from Turkey, UCC from Qatar and Power International, an agreement on strategic cooperation worth $ 7 billion was signed.

, in the framework of the consortium agreement, which includes Kalyon Holding, will build power plants on a natural gas with a total capacity of 4 thousand megawatts in the areas of Trafi, Zeyzun, Deir Ez-Zor and Micharda Syria, as well as a solar power station with a capacity of 1000 megavatts in the vidian al-Rabiya.

power plants included in the project will be commissioned gradually. Gas power plants are planned to be completed for 3 years, and the solar power plant will be commissioned after about 2 years.

These large -scale investments will not only increase the reliability of Syria’s energy supply, but also make a significant contribution to achieving the goals of environmental stability and regional development of the country.

After the completion of the construction of power plants with a total capacity of 5 thousand megawatts, the annual electricity production will be about 35 billion kilowatt hours. Thus, it is planned to satisfy a very important part of Syria’s needs in electricity.

Historical moment in the energy sector

In his speech at the signing ceremony, the Minister of Energy of Syria Muhammad Bashir said: “Today we are witnesses of the historical moment, which is a turning point in the energy and electric power sector of Syria. We restore the destroyed infrastructure in this important sector. This agreement strengthens the regional cooperation and integration in the energy sector and helps us to promote us Projects for the use of environmentally friendly and renewable energy sources. At the same time, we thank the companies participating in this important project, each of which is a leader in its industry. ”

US Ambassador to Ankara and a special messenger in Syria, Tom Barrak in his speech noted: “Such moments are not common, and all the efforts of the US administration are aimed at supporting a new Syrian government. President Donald Trump on May 13 made a bold decision to cancel sanctions against Syria. I convey greetings to President Trump and I confirm the support of the Syrian government. It is very valuable to see for us to see for us. Flags of the four countries fluttering side by side. “

Speaking after the signing ceremony held at the Syrian Presidential Palace, the chairman of the Kalyon Holding board, Jemal Calonju, emphasized that Kalyon Holding, which is a domestic and national company, is striving to be in the best way and proudly represent the country in the international arena, which the company is implementing, combining, combining the accumulated in 81 years Experience with qualified personnel, knowledge and technologies.