Russia to spend 850 million euro on the restoration of Syrian infrastructure

On Monday, April 25th, RIA Novosti reported that Russia and Syria signed an agreement on the restoration of Syrian infrastructure worth 850 million euros. RIA Novosti credited the information to the Prime Minister of Syria, Wael Nader Al-Halqi.

"The Russian side responded to the idea of restoration of infrastructure, because of which a lot of deals were signed with the Russian Federation, including agreements worth 600 million euros and 250 million euros," Al-Halqi was quoted as saying.

The Syrian Prime Minister said that "more than 60 percent of the power stations are non-operational and need fuel to restart operations."

"However, despite all that Syria has endured, it has managed to maintain the infrastructure. There is a network connecting the north, from Qamishli, to the south, Daraa. Electricity is still served. However, the production of electricity is based on fuel. The oil sector has suffered even more acts of terrorism than the power sector has," Al-Halqi said.

He noted that Syria needs 35,000 tons of oil daily to produce electricity.

  Syria, Russia, Economy