During Iranian President Ibrahim Raisi’s recent visit to Syria, the Iranian and Syrian governments signed several memorandums of understanding to bolster economic and trade ties and resolve several pending issues that have hindered economic relations between the two countries for over a decade. However, despite the commotion around the visit, it seems to have yielded limited results so far.
The Syrian government is preparing to put three power turbines into operation, although acute shortages of natural gas and fuel will continue to limit the potential for increased electricity production.
A high-ranking governmental delegation recently inaugurated several electricity projects in the Aleppo governorate.
President Bashar Al-Assad and his family made their first visit to the Aleppo governorate since the beginning of the 2011 conflict. They met with several economic, social, and religious figures, participated in social engagements, and visited various infrastructural projects, including the Aleppo Thermal Power Plant, which Iran's MAPNA Group recently rehabilitated.
An Emirati-Chinese company will sponsor a renewable energy conference in Damascus next week, which may serve to highlight the United Arab Emirate’s interest in the Syrian market.
A Russian energy company and Russian and Syrian-Russian investors have contracted with the government to build a gas turbine power plant in the Sheikh Najjar Industrial City in Aleppo.