Idlib, Oct. 4 (SANA) The Ministry of Public Works and Housing and the General Housing Establishment, in cooperation with Idlib Governorate, launched the Al-Nahda housing project in southern Idlib on Saturday.
The 340-dunum project will include 51 residential towers, accommodate about 15,000 people and be completed within five years, according to officials at the launch ceremony held at the Idlib Cultural Center.
The ceremony was attended by Minister of Public Works and Housing Mustafa Abdul Razzaq, Minister of Administrative Development Mohammad Hassan Skaf, Presidential Advisor for Media Affairs Ahmad Muwaffaq Zaidan, Idlib Governor Mohammad Abdulrahman, Emirati businessman Mohamed Alabbar and other officials.
General Director of the General Housing Establishment Tammam Al-Dabal told SANA that the project is the establishment’s first affordable housing project since the liberation.
Al-Dabal said the project will adopt a hybrid housing model in which one-third of the development is allocated to investment housing to support the two-thirds designated as affordable housing.
The project will comprise 3,000 apartments, including 1,000 investment units and 2,000 affordable units.
The price of a fully finished apartment will not exceed $600 per square meter, including infrastructure, utilities, elevators, solar power systems and gas facilities, Al-Dabal said.
Payments will be made in the new Syrian pound over five years through semiannual and monthly installments. Monthly payments will not exceed $200 for a 100-square-meter apartment, $260 for a 130-square-meter apartment and $290 for a 145-square-meter apartment.
Idlib Deputy Governor Qutaiba Al-Khalaf said the project would create a fully integrated residential district with its own planning and drainage systems.
He said the project would help meet rising demand for housing amid the return of displaced families from abroad, adding that prices had been set at levels reflecting construction costs.
The Al-Nahda housing project is part of the Ministry of Public Works and Housing’s plan to expand Idlib’s urban area and establish an integrated residential environment combining housing with educational, health, commercial, religious and tourism services.
The project comes amid growing urban pressure in Idlib following the return of thousands of displaced families.
R.H/R.K
