Deir ez-Zor Industrial City Opens Subscriptions on Oct 11

The Ministry of Economy and Industry has announced that applications for subscription in the Deir ez-Zor Industrial City open on 11 October. The details were given by the city's director, Samir al-Hayo, on the evening of Thursday, 8 October.

Scope of the First Phase

Al-Hayo said the first phase covers infrastructure development on 200 hectares, providing more than 140 hectares of industrial plots for various types of industry.

Plot Prices and Payment Terms

According to al-Hayo, the prices adopted, which he described as encouraging for investors, are:

• $25 per square meter for cash payment.
• $32 per square meter for installments over five years.
• A down payment of 5% of the plot value upon signing the contract.

Plot Preparation and Services

Al-Hayo explained that plot preparation will run alongside the subscription period, with each investor preparing their own plot while the city administration completes basic services in parallel. He added that during this phase the administration will carry out:

• Part of the sewage works.
• Preparation of road, water and electricity networks.
• Completion of the rehabilitation of the Siyasiyah Bridge, which links Deir ez-Zor city with the industrial city.
• Establishment of a city specialized in energy services.

Space for Oil and Gas Services

Al-Hayo said 100 hectares will be allocated in the coming period to a company specialized in oil, gas and energy services within the industrial city's land. He said the city has strengths including its proximity to oil and gas sources, a broad agricultural production base and a workforce able to support productive activity in the governorate.

Expected Economic Impact

The director said that, in his assessment, resuming work at the industrial city would help increase the number of industrial projects, raise production and value added, create direct and indirect jobs, and stimulate trade and transport. He added that reactivating the city is one of the most important economic steps in Deir ez-Zor governorate.