Syria partners with Emaar Hills on two developments

Syria has signed a framework agreement with the UAE-based Emaar Hills Company to develop two major real estate projects in Damascus and Latakia, aiming to promote reconstruction and attract foreign investment after approximately 13 years of war. The projects include "Damascus Hills Real Estate," which features housing and services in the capital, and "Latakia Tourism," which offers tourist facilities and luxury residences along the coast. Estimates suggest that the projects will create thousands of jobs, with prices starting from $1,600 per square meter, amid a population deficit expected to exceed two million units by 2030. This initiative is part of the government's efforts to attract investments and achieve economic rebuilding in the country.

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