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Construction works at a new power plant in Lattakia is going according to plans despite the economic crisis effecting all of Syria today.
The power plant is being built under a 411 million EUR contract with Iran’s MAPNA Group. The contract was finalized and approved in the first quarter of 2019.
On January 6, the Public Company for Construction and Development released photos showing progress at the power plant’s construction site in the town of al-Rastin in the northeastern Lattakia countryside.
According to the director of the Syrian company, the construction of the plant’s foundations, including the foundations of the cooling towers is about to complete.
The power plant will include three units, two of them will work on gas, which will be supplied from Banias port in the south, and a unit running on steam. The plant will generate 526 megawatts of electricity, which will supply the coast and other parts of Syria.
Syria has been facing a serious economic crisis since the outbreak of the war in 2011. The crisis worsened in the last two years as a result of new US and EU sanctions. The Syrian pound lost most of its value between 2019 and 2020 and has not recovered yet.
Despite economic pressure, reconstruction continues in Syria. Damascus’ allies, Iran and Russia, are playing a key role in supporting the country’s recovery.
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