Syria signs US$300M agreement with Iraq's Vertex to expand Hama Cement plant

The Syrian Ministry of Economy and Industry signed an MoU with Iraqi investment group Vertex to rehabilitate and expand the Hama Cement plant, including raising a production line from 3,300 to 5,000 tpd and building a new 6,000 tpd line, with a total investment of about US$300 million.

“The Syrian Ministry of Economy and Industry has signed a memorandum of understanding (MoU) with the Iraqi investment group Vertex to rehabilitate, develop, and operate the third production line at the Hama Cement plant in central Syria.”cemnet.com

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• cemnet.comSyria signs US$300m agreement with Iraq’s Vertex to expand Hama Cement plantICR NewsroomOct 3, 2025

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