Real Estate & Construction

Some 1.1 million informal housing units were built across Syria in the last four years, according to an industry analyst.
The Damascus Governorate has formally approved the establishment of the holding company that will manage its assets, transferring potentially billions to private sector companies.
The production of Portland cement by Syria’s state-owned plants declined in the first half of this year, according to official data.
The Syrian government is accelerating the destruction and expropriation of two large districts of Damascus known for their support of the opposition and expelling the inhabitants still living there.
The engineers union in Hama is granting free construction licenses to the families of the soldiers who died fighting with the Syrian army as a means of compensating them for their losses.
Syria’s state cement plants transferred billions of pounds to the treasury last year in the form of taxes.
Sales of Portland cement by state plants in the first quarter of this year continued to decline, according to official data.
The Ministry of Industry has signed an agreement with Pharaon Investment Group to develop the Adra Cement Plant near Damascus.
More than 100 thousand building violations on real estate properties were recorded in the last four years in Damascus and its countryside, according to a Government official.
Cement production by plants owned by the state remained relatively stable last year.
Some 15 percent of Syrian engineers have left the country, according to the union head.
A coalition of FSA and Kurdish forces have reportedly taken back control of the Lafarge cement plant located in northeastern Syria.
Syria’s demand for cement could rise to an average of 50 million tons per annum in the five years that follow the end of the conflict, according to a Syrian official.
The official price of cement sold by state entities has been increased by up to 40 percent following the recent hike in oil derivatives prices.
Some three months after it suspended production, Al-Badia Cement has announced that it has resumed operations.


Taxation in Syria
Damascus Chamber of Commerce
Investment Facilities at the Industrial City of Adra
Damascus Chamber of Commerce