Real Estate & Construction

The cost of construction for housing units in Damascus more than doubled last year, according to estimates from a state entity.
The government has announced that a gang forging property records worth billions of pounds in Aleppo has been arrested.
The production of Portland cement by Syrian state plants continues to be well below planned levels.
Real estate prices remain high in the coastal area where a growing number of Syrians find refuge.
The state’s real estate development body has announced that it had selected ten new areas to serve as development areas to be offered to potential investors.
The production of Portland cement by Syria’s state-owned plants declined by more than 50 percent in the first three quarters of this year compared to the same period of 2012.
The price of cement sold by state-owned companies has been raised again, the fourth such rise in 18 months.
Al-Badia Cement, one of Syria’s leading cement manufacturers, has reported a decline in revenues and a steep rise in losses over unrealized foreign exchange costs.
Syria’s state-owned cement production body reported a significant decline in its output in the first half of the year.
The number of transactions in the Damascus real estate market surged in the first half of this year, according to official data.
The Minister of Housing and Urban Development has said that the government had devised a specific plan to rebuild the country’s informal housing areas.
The price of cement sold by state plants has been increased by the government by some 50 percent following a rise in its production costs.
The demand for cement in Syria will surge to three times its pre-conflict level, according to a Syrian economist.
A third of Syria’s housing units has been destroyed or damaged by the conflict, according to the United Nations.
The production of cement by Syria’s public sector decreased by around 25 percent in 2012 because of a suspension of activity at its plants located in Aleppo.


SME Support Fund
Damascus Chamber of Commerce
First Forum on Eco-friendly products
Tekkiye Sulaymanieh