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SYRIAN INVESTMENT AUTHORITY logo | Rebuilding Syria Platform
Syrian Investment Authority

Ammer Baitak Building Materials Mall

Available | متاحة
Ammer Baitak Mall — Building Materials Retail Market, Damascus
Illustrative image
Opportunities ID :
RSP 00095
Location :
Damascus
Duration :
35–40 years
Start Capital :
12000000
USD
Category

Damascus Governorate is offering an opportunity to develop a specialised retail market for building materials, finishing products, furnishings and related goods, in the south-western part of the Al-Zahera Al-Jadida district on the site of the military parking garage. The scheme is built around a first basement level 8 m high with a mezzanine, two further basement levels for parking and a fourth basement for storage, together with the rehabilitation of the adjacent garden through added services and amenities. It is offered on a build-operate-transfer (BOT) basis for 35 to 40 years.

  • Location: Damascus — south-western part of the Al-Zahera Al-Jadida district
  • Estimated cost: USD 12 million
  • Owner: Damascus Governorate
  • Contract type: BOT
  • Investment term: 35–40 years

What this means for a rebuilding company: with several levels below grade, the weight of the job sits in deep excavation, retaining walls, waterproofing and dewatering, followed by a concrete frame with the long spans that showroom floors require. The basements call for mechanical ventilation, sprinkler and fire-alarm systems, switchgear and emergency lighting; the retail levels bring fit-out, façades, lifts and escalators; and the garden component adds landscaping, irrigation and exterior lighting works.

Source: Syrian Investment Agency — data as published in the official listing, accessed 2026-08-21.

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