Saudi Arabia has demonstrated a serious commitment to supporting Syria’s post‑war reconstruction. Under King Salman bin Abdulaziz Al Saud’s leadership, the Kingdom will channel massive investments amounting to US$4 billion to US$6 billion (approximately Rp 65.2 trillion to Rp 97.8 trillion). According to Reuters on Friday (July 25, 2025), this pledge followed a visit by Saudi Investment Minister Khalid bin Abdulaziz Al‑Falih to Damascus, leading a delegation of around 130 business figures.

The visit marks a milestone in bilateral relations recovery. Saudi Arabia has pledged support for the new Syrian interim government under President Ahmed al‑Sharaa, who replaced Bashar al‑Assad in December after 14 years of civil war.

Syrian Information Minister Hamza al‑Mustafa announced that 44 agreements will be signed between Syria and Saudi Arabia totaling nearly US$6 billion. The deals span sectors such as energy, telecommunications, finance and banking, investment funds, and other strategic industries, involving both government and private entities.

As part of the visit, Al‑Falih and his Syrian counterparts inaugurated Syria’s first white cement plant in Adra Industrial City. The project, invested at US$20 million by Saudi’s Northern Region Cement Co., is expected to employ 130 direct workers and more than 1,000 indirectly.

Additionally, Al‑Falih launched an integrated retail development worth SAR 375 million (about US$100 million or Rp 1.63 trillion) by Ethraa Holding, signaling Saudi interest in Syria’s consumer and urbanization sectors. Saudi also expressed interest in investing in energy, hospitality, and airport management. A Saudi‑Syrian Joint Business Council will be formed to strengthen long‑term economic cooperation Reuters

Despite instability, such as sectarian conflict in Sweida, Gulf and Turkish firms have expressed interest in rebuilding Syria’s power plants, roads, ports, and strategic infrastructure. Syria has recently signed a US$7 billion power deal with Qatar and a US$800 million port agreement with UAE’s DP World. Saudi Arabia and Qatar have also cleared Syria’s US$15 million arrears to the World Bank, unlocking access to international financial aid Reuters