World Bank approves $146 million grant to rebuild Syria’s power grid
DAMASCUS, Syria (North Press) – The World Bank announced on Wednesday that its Board of Executive Directors has approved a $146 million grant from the International Development Association (IDA) to help restore reliable and affordable electricity supply in Syria and support the country’s broader economic recovery.
The grant is part of the Syria Emergency Electricity Project, which aims to rehabilitate critical transmission lines and power substations damaged by conflict, while also providing technical assistance to strengthen the country’s electricity sector and institutional capacity.
Earlier this month, the Syrian Ministry of Finance confirmed that formal discussions had taken place with the World Bank regarding this grant, which is earmarked for repairing transmission networks connecting Syria with Jordan and Turkey—a move seen as crucial to regional energy integration and stability.
In its statement, the World Bank emphasized that the project will support the restoration of essential services in areas impacted by prolonged infrastructure disruption and will contribute to laying the groundwork for sustainable economic development through improved energy access.