Syrian Investment Authority Lists 113 Tourism Projects for Investment Across Governorates

Project Listings and Geographic Distribution

Data published by the Syrian Investment Authority (SIA) show that 113 tourism projects were listed for investment as of May 5, 2026, spread across multiple Syrian governorates. Available project lists include opportunities in Latakia and Tartus, among other governorates, indicating a deliberate effort to distribute investment prospects beyond the capital.

Tourism as a Driver of Economic Recovery

Syria's Ministry of Tourism has positioned the tourism sector as an integrated investment platform extending well beyond leisure activities. In recent weeks, the ministry has introduced dozens of new projects combining fresh investments with the rehabilitation of damaged or inactive facilities across several provinces. Deputy Minister of Tourism for Development and Investment Affairs Ghiath al-Farrah stated that launching new projects and rehabilitating existing facilities increases the sector's attractiveness and opens the door to new capital inflows in hospitality and services.

Demand Indicators and Sector Performance

Syria's tourism sector recorded a significant rebound in 2025, with Arab and foreign visitor arrivals rising 80 percent between January and November compared with the same period in 2024. Total visitor numbers, including Syrians, reached approximately 3.56 million over the first eleven months of the year, an 18 percent year-on-year increase. Hotel revenues from international establishments owned by the ministry rose 170 percent by the end of October 2025.

Strategic Framework

The Ministry of Tourism has adopted a 2026-2030 Tourism Strategy targeting an increase in the sector's contribution to GDP from 15 percent in 2025 to between 30 and 35 percent by 2030, alongside the creation of between 450,000 and 500,000 direct and indirect jobs. According to official data, 1,468 tourism establishments across Syria require redevelopment or reactivation, representing a substantial pipeline for local, regional, and international investors.

Key Projects and Concluded Partnerships

The listed projects form part of a broader wave of investment agreements, most notably The Beaumont Damascus, a mixed-use development valued at between USD 250 million and USD 300 million, as well as the Qasioun Journey project in Damascus and memoranda of understanding with the Inventure Group for the Damascus Gate and Latakia Gateway of the East developments. Head of the Syrian Investment Authority Talal al-Hilali affirmed that Syria's investment climate currently holds strong appeal, describing tourism as one of the most important available investment pillars.