The agreements were announced at the Syrian-Saudi Investment Forum held at the Damascus presidential palace.
“This marks a new chapter in the economic cooperation between our nations,“ he said.
The deals include 11 billion riyals ($2.9 billion) allocated for infrastructure, including the construction of three cement factories.
Additional agreements cover agriculture and finance, aiming to revive key sectors after 14 years of conflict.
The new government, which took power after the ousting of Bashar al-Assad in December, seeks international support for recovery efforts.
In May, Syria secured a $7 billion energy deal with Qatari, Turkish, and US firms to restore its electricity sector. – AFP
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