> Middle East
Syria: Rebuilding the Devastated Land By Wim Romeijn
The winner pays for all. Though an end to the fighting in Syria is nowhere near, the rebuilding of the country devastated by six years of war has bankers and builders the world over manoeuvring for pole position. Even Israel is getting in on the act with Minister of Construction Yoav Galant proposing to spearhead a multibillion dollar rebuilding programme, largely underwritten by American largesse, in exchange for international recognition of his country’s sovereignty over the Golan Heights. The plan aims to kill not one but three birds with the proverbial stone: boost security along Israel’s northern border, counter Iran’s influence, and – almost an afterthought – help Syria clear the rubble.
144
CFI.co | Capital Finance International