Saudi Arabia has been a major backer of the new Syrian government since the fall of Bashar al-Assad last December.
Saudi Arabia has said it will invest approximately $3bn in real estate and infrastructure projects in Syria, the latest economic lifeline to help usher in a new chapter in the nation, devastated by a nearly 14-year civil war.
The $2.9bn investment is part of a broader $6.4bn in deals, Investment Minister Khalid al-Falih said on Thursday at a conference in Damascus.
Saudi Arabia has been a major backer of the new Syrian government, which seized power after rebels toppled longtime ruler Bashar al-Assad last December.
On Wednesday, a delegation of some 150 investors and representatives from Saudi public and private sectors, led by al-Falih, attended meetings in the capital before a business forum in the city.
