World Bank Reveals Price Tag Of Syria Reconstruction Exceeds $200Bn
World Bank Reveals Price Tag Of Syria Reconstruction Exceeds $200Bn
The World Bank warns that its assessment is ‘subject to significant uncertainty,’ and that any future escalation in the country could amplify reconstruction costs
The World Bank announced in a new report released on 21 October that the reconstruction of Syria will cost $216 billion, revealing the massive impact on the country’s economy and infrastructure as a result of nearly 14 years of war.
“Reconstruction costs are projected to range between $140 billion and $345 billion, with a conservative best estimate of $216 billion,” according to the World Bank’s Syria Physical Damage and Reconstruction assessment 2011–2024.
“Reconstruction costs include $75 billion for residential buildings, $59 billion for non-residential structures, and $82 billion for infrastructure. These estimates focus only on the reconstruction cost of the physical assets and do not cover the service restoration needs for sectoral functioning. Aleppo and the Damascus countryside require the most significant investments for reconstruction,” the new World Bank assessment reads.
It also notes “inflation” and “material scarcity,” which add to the cost of reconstruction.
“It is important to emphasize that the results of this assessment are subject to significant uncertainty. The security situation remains fluid as of August 2025, and this volatility could substantially influence provincial reconstruction costs, including potentially increasing required expenditures in the event of further security or political developments,” the World Bank added.
🔗SOURCE ➡️ The Cradle
Related: 10/22 — ❗️World Bank: The estimated cost of reconstruction in Syria is about $216 billion
4/16 — 4/10 – Washington ‘Vetoes’ Gulf Funds For Lebanon Reconstruction: Report
3/4 — IMF, World Bank Reconstruction Funds For Lebanon Contingent On [Israeli] ‘Normalization’: Report
1/17 — Saudi Arabia, Kuwait Offer ‘Conditional Funding’ For Lebanon’s Reconstruction
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