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.