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Home News DP World Advances $800m Port of Tartous Project in Syria

DP World Advances $800m Port of Tartous Project in Syria

Aug 17, 2026
59 min
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Aug 17, 2026 12:31
DP World reaches key milestone in $800m Port of Tartous investment in Syria

## New Cranes Delivered to Port of Tartous

DP World has achieved a significant milestone in its $800 million investment in Syria's Port of Tartous by delivering three Mobile Harbour Cranes. This development is expected to boost the port's cargo-handling capacity by 40%, aiding Syria's trade recovery.

## Investment Amid Regional Challenges

Despite disruptions in Middle Eastern trade flows, DP World continues to expand its global network. The company reported a 13.1% revenue increase to $12.7 billion in the first half of 2026, driven by growth in its ports, logistics, and marine sectors.

## Future Plans in Fujairah

DP World is also planning to establish two new terminals in Fujairah under a 50-year concession, enhancing its UAE gateway network. These terminals aim to provide additional routes for cargo movement through the UAE, integrating with the Jebel Ali ecosystem.

## Global Investment Strategy

In the first half of 2026, DP World invested $1.5 billion globally, with plans to reach $3 billion by year-end. The focus is on expanding capacity and trade infrastructure in key markets, including the UAE, UK, India, and others. The company's CEO highlighted the strength of their global network and efficient supply chain solutions.

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