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Thursday, August 25, 2005 

Massive new hotel-shopping centre for Damascus - 3600 new jobs

The face of new Damascus is set to change for ever. Here's what's planned:

-a 50 storey hotel
-TWO forty storey apartment blocks
-TWO forty storey office blocks
-3600 new jobs

Damascus is set to have its largest development for decades. A 50-storey hotel - by far Syria's largest - and shopping centre complex is set to be built in Damascus.

The 'Damascus World Commercial Centre' will house two forty storey aparetment blocks, two forty storey office blocks, a cinema (Damascus's current western cinema is attached to the Sham Palace hotel) and a theatre.

3600 jobs will be created by the development - to build it and to staff the centre when it's open. The project is being carried out by Syrian expatriates living in the United Arab Emirates - a company called the Tiger Group.

It's one of the first projects to be allowed under a recent law to promote foreign investment. Before that law was passed foreign investors struggled to gain access to Syria's closed economy. The Four Seasons Hotel on the Mezzeh Autostrade became Syria's most prestigious hotel when it opened recently - a project pushed through by Saudi money.

It's not clear where the new development will be located or when building will start.

I am so happy with rapid change that Syria implementing to the better if the improvments continue at this pace the baath party would transfere Syria from a goverment controled economy to market economy full of promiss for better life for the good Syrian people,naim

By the way ,are these appartment in these buillding for sale?,I am interested.let me KNow please on your post.naim

I'm sure they will be, but the development has just been announced. The best thing to do would be to contact the Tiger Group in the UAE.

If they tell you any more details about the apartments, please let me know.

http://baath-congress.blogspot.com/

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