Real Estate & Construction

The Syrian government has held in Damascus on August 3 a conference on the housing sector with the aim, among others, to develop its National Housing Strategy.
Milihouse, a state-owned contractor and real estate developer, has multiplied by around five the price at which it is selling affordable homes, mostly in loyalist areas.
The Syrian Cabinet approved this month the establishment a new real estate development area, according to a local media.
The housing units that were supposed to host the expropriated residents of the Basatin Al-Razi area, now Marota City, will probably never be built.
The Qaboun suburb of Damascus is to be redeveloped under Law 10 after the Damascus Governorate approved its masterplan.
The Damascus governorate intends to build around a dozen parking spaces below several public gardens in the city.
The Real Estate Bank has announced that it is granting a loan to a contractor linked to the Ministry of Defence to build residential suburbs across Syria.
A dispute over the ownership of agricultural lands located near the Lebanese border is pitting farmers against a powerful local figure, a state-owned newspaper reports.
Damascus Cham Holding announced on June 15 that it had granted the first construction permit on the Marota City project.
The Syrian Cabinet is seeking to relaunch the activities of its Reconstruction Committee after months of suspension.
The Palmyra City Council is reportedly planning to implement Law No. 10 on a neighbourhood in the city.
The Syrian government is seeking funds for the implementation of what it calls the National Housing Strategy.
Recent discussions in the Damascus Governorate have highlighted tensions between the governorate’s executive council and its fully owned holding, Damascus Cham Holding.
The government has merged two state-owned engineering firms with the objective of creating a large company that could take charge of reconstruction projects when they happen.
MuhiEddine Al-Manfoush has been awarded a contract to remove rubble from three towns in Eastern Ghouta, a deal that highlights the diversification of businessmen who acquired wealth during the war.


Damascus International Fairground
Assessing the Price of Imported Goods
Damascus Chamber of Commerce