Syrian Ministry of Economy and Industry

Activity by year

20252026

Investment

Oct 3, 2025INVESTMENTHama, Syria$300.0M
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.
Vertex investor Syrian Ministry of Economy and Industry customer General Organization for Cement and Building Materials partner #Construction Materials cemnet.com

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