Real Estate & Construction

24-06-2020
The Syrian Ministry of Defence has laid claim to 12.5 hectares of land in the Moadamiyeh suburb of Damascus for the purpose of constructing residential buildings and a sports facility, a former official from the town’s municipality told The Syria Report.
13-05-2020
Damascus Cham Holding has given more details on one of the large developments it is seeking to promote in Marota City.
06-05-2020
Delays in the Marota City project are generating increasing criticism, including from a prominent Iran-linked investor who believes the project may eventually die.
04-03-2020
The Damascus governorate has awarded three new building permits in the Marota City development, although all are for individual buildings.
26-02-2020
The government’s plan to rebuild the Qaboun industrial area is facing stiff resistance from business owners, who have voiced rare public criticism of the project.
19-02-2020
Al-Badia Cement, Syria’s sole private cement producer, posted an increase of 27 percent in its 2019 sales.
08-01-2020
The Damascus Governorate has issued two new construction permits in Marota City over the last couple of weeks, raising them to four in total.
18-12-2019
The Homs governorate will implement Law No. 10 in three neighbourhoods in Homs city, Governor Talal Al-Barazi said.
11-12-2019
The government approved on November 27 the construction of what it calls an eco-garden and tourism project on one of the largest empty plots of land in Damascus, an initiative that will lead to the expulsion of several dozen families.
11-12-2019
The second construction permit for a building in Marota City has been awarded, according to the project’s official Facebook page.
20-11-2019
The government has increased its income from properties rented to the private sector by almost 50 percent this year, confirming the sector’s potential to generate revenues.
23-10-2019
The Syrian government is using future reconstruction activity as a carrot to attract private investment in the cement sector, but low demand and unclear prospects are acting as a deterrent.
16-10-2019
The interest of Chinese companies in Syria, in particular for its real estate and building materials sectors, seems to be growing.
16-10-2019
The Katerji brothers are negotiating to expand their investments in Aleppo, confirming that they have become the main business actors in Syria’s second largest city.
09-10-2019
On October 5, the Ministry of Public Works and Housing announced that it had received the first shipment of construction equipment from Stroyexpert, a Russian architectural and construction firm.

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