23 Hrs
Sharjah24 | الرئيسية
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Sharjah24

2026-09-01T06:20:22.000Z

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Sharjah24 | الرئيسية

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He planned a major Damascus project with 7 billion USD

He planned a major Damascus project with 7 billion USD

Areda Group announced the implementation of a major development project in Damascus spanning 4 million square meters, with an investment of $7 billion USD, in partnership with the Syrian Sovereign Fund. The aim is to support efforts for reconstruction and development in Syria. The project includes an integrated community featuring 11,000 residential units, as well as educational facilities, a hotel, a hospital, and commercial and entertainment areas. It is located near the center of Damascus and its international airport. The project seeks to promote economic and social development in Syria and represents an important step in the company's global expansion into new markets, with a focus on creating job opportunities and enhancing local capacities.

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