Contracted housing projects to date valued SYP 42 billion

Damascus, SANA – A total of SYP 42 billion are the value of contracted housing projects due for implementation by the General Housing Establishment to date.

Up to 30,722 apartments are planned within the projects, which will be spread across the provinces, according to a source at the Establishment.

However, some of the projects are suspended in some provinces due to the security situation triggered by the terrorist war raging in the country since 2011. Those are worth SYP 11.4 billion and include 12,635 apartments.

The value of contracted housing projects in 2014 amounted to SYP 6.7 billion, with a total number of apartments set at 2,580. Those were planned in the provinces of Damascus Countryside, Tartous and Lattakia.

The source told SANA that the Establishment’s plans in 2015 are focused on accomplishing the Youth Housing Project in Tartous and Lattakia, the Workers Housing Project in Lattakia and the Government Housing Program in Aleppo, Lattakia and Tartous, in addition to the Popular Housing Projects.

Haifa Said

Check Also

Gold price rises SYP 12 thousand to hit 1013000 for the 21 Karat

Damascus, SANA- Gold prices rose on Wednesday 12 thousand SYP for the 21 karat. According …