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Syrian Arab News Agency (SANA) > Latest News > Economy > Syria, IFC explore prospects for energy investment cooperation

Syria, IFC explore prospects for energy investment cooperation

Published: 2026/01/19 11:23 AM
Updated: 2026/01/19 11:24 AM
Syria, IFC explore prospects for energy investment cooperation
Talal al-Hilali, International Finance Corporation

Damascus, Jan. 19 (SANA) The head of the Syrian Investment Authority, Talal al-Hilali, met on Sunday with a delegation from the International Finance Corporation (IFC), part of the World Bank Group, to discuss the investment climate in Syria and prospects for cooperation, particularly in strategic energy sectors.

The meeting, held in Damascus, focused on potential financial and technical support from the World Bank for Syria’s energy sector, as well as cooperation under public-private partnership programs, especially in infrastructure projects.

Al-Hilali outlined the role and mechanisms of the Syrian Investment Authority, describing it as the country’s main entry point for investors and highlighting efforts to streamline procedures and create an attractive investment environment.

The World Bank Group delegation expressed interest in opportunities in Syria’s energy sector, particularly in gas, electricity and oil.

The International Finance Corporation is the world’s largest global development institution focused on supporting the private sector in developing countries and is headquartered in Washington.

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