Syria invites developer bids for $8.4bn project
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Syria invites developer bids for $8.4bn project

Syria invites developer bids for $8.4bn project

The Syrian government is set to invite developers to build 118,000 homes in projects valued at $8.4bn in the second quarter of this year, Bloomberg has reported. The Real Estate Development and Investment Commission is finalising tender books for 12 projects, the regulator's general manager Yasser Al Sibai said. The new developments, with a built-up area of more than 12 million sq m, require capital inflow and investor response has so far been poor, Al Sibai said.

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    AMEinfo Staff

    AMEinfo staff members report business news and views from across the Middle East and North Africa region, and analyse global events impacting the region today.

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