Saudi Fund for Development Clears $403 Million for Massive Syrian Infrastructure Projects

Rebuilding Essential Services

Saudi Arabia is stepping up massively to fund the physical rebuilding of Syria. Under the direct instructions of the Saudi leadership, the Saudi Fund for Development (SFD) just signed six concessional development loan agreements with the Syrian Ministry of Finance. SFD Chief Executive Officer Sultan Al-Marshad and Syrian Finance Minister Mohammed Yisr Barnieh signed the paperwork in Riyadh. The total funding exceeds a staggering $403 million (roughly ₹3,380 crores). The money will directly support the struggling energy, water, health, housing, and infrastructure sectors across the Syrian Arab Republic.

Power and Water Upgradations

The massive financial package includes a $90 million project to thoroughly rehabilitate the generating units at the Aleppo Thermal Power Plant, which will benefit around five million desperate residents. Another $30 million is earmarked to completely modernise the drinking water system by installing 300,000 smart water meters. To ensure public safety, $105 million will fund the construction and rehabilitation of 25 civil defence centres across various governorates, helping communities manage future disasters and clear hazardous debris.

Housing and Healthcare Upliftment

The SFD also cleared $60 million to rebuild up to 10,000 damaged housing units, providing much-needed social stability. Furthermore, a crucial $100 million project will finance the construction and equipping of priority hospitals and health centres, drastically expanding access to specialised healthcare services. In September 2025, the SFD previously provided two massive grants to supply crude oil and cover public sector salaries for three months. The Kingdom remains totally committed to the upliftment of the Syrian people.

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