September 5, 2025
Pictured: the CMA CGM ship "Jacques Saade". Photo credit: CMA CGM.

CMA CGM to Invest €200 Million in Latakia Port Expansion

CMA CGM Group will invest €200 million to expand and modernize the container terminal at Latakia Port in Syria. The upgrade aims to increase the port’s capacity to over 1 million TEUs annually and improve infrastructure to handle larger vessels with up to 16 metres’ draught.

The investment includes digitalization of port operations, upgraded cargo-handling systems, and connections to rail and road networks to facilitate trade. The expansion follows a renewed 30-year concession agreement signed in May 2025, under which CMA CGM continues to manage the terminal.

Latakia Port handles about 95% of Syria’s containerized imports and exports. The expansion is intended to strengthen regional trade links, improve logistics efficiency, and support Syria’s economic recovery.

The project also builds on an earlier €30 million investment and plans include the potential development of dry ports throughout Syria to improve cargo distribution.

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