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The project is a long-term investment and development agreement for Aleppo International Airport between the Syrian General Authority of Civil Aviation and Air Transport and a Saudi investment consortium led by the BinDawood Group through its Elaf Investment Fund. The agreement covers the rehabilitation of the existing airport and the construction of a new international airport with a capacity of up to 12 million passengers annually, to be implemented in phases.
The project is part of a broader Saudi investment package in Syria covering aviation, telecommunications, and infrastructure, totaling approximately 2 billion USD. The Saudi Elaf Investment Fund is the main investor in the development and operation of Aleppo International Airport, reported as the fund's first investment in Syria.
Who is the main investor in the project?
The Saudi Elaf Investment Fund, part of the BinDawood Group, is the main investor in the development and operation of Aleppo International Airport.
What is the planned passenger capacity?
The new airport is planned to reach a capacity of up to 12 million passengers annually, implemented across phases.
How many phases does the project have?
Three phases: development of the existing airport, construction of a new airport for 6 million passengers per year, and expansion to 12 million passengers per year.
How does the project relate to the wider Saudi investment in Syria?
It is part of a broader Saudi investment package covering aviation, telecommunications, and infrastructure, totaling approximately 2 billion USD.
