Our assessment of 40 companies behind Syria’s post-war MoUs reveals a promising trend: 67.5% are low-risk, reflecting strong institutional maturity, transparency, and governance.
Among them, a Gulf–Türkiye alliance is reshaping the reconstruction landscape.
This partnership brings together UCC Holding (Qatar), Cengiz İnşaat and Kalyon İnşaat (Türkiye), and the US-registered Power International Holding.
Together, they signed two major MoUs worth USD 11 billion — USD 7 billion in the electricity sector and USD 4 billion for the construction of a new airport in Damascus.
Despite concerns over favoritism linked to political proximity, this alliance stands out as one of the most credible and strategic commitments to Syria’s recovery. Its scale and professionalism position it as a cornerstone of the reconstruction phase.