Syria signs MoU with UCC Holding-led consortium for USD7 billion power projects

Syria has signed a memorandum of understanding (MoU) with a consortium of international companies led by Qatar’s UCC Holding to develop major power generation infrastructure with a foreign investment of approximately USD7 billion.

The agreement includes the construction of four combined-cycle gas turbine power plants with a total capacity of 4,000 MW and a 1,000 MW solar power project in southern Syria.