Signing an investment agreement to establish the “Idlib Business Tower” project

Today, Monday 13 April 2026, an investment agreement was signed to launch the “Idlib Business Tower” project in the heart of Idlib city, under the framework of cooperation between the Syrian Investment Agency and Idlib Governorate, with broad official participation.

Key points of the news

The Syrian Investment Agency signed an investment agreement to build the “Idlib Business Tower” in the city center, attended by the Presidential Advisor for Media Affairs Ahmed Mufiq Zidan, Idlib Governor Mohammad Abdul Rahman, and directors of departments and zones in the governorate.
The agreement is part of the state’s broader plan to revive the local economy and boost investment in Idlib after years of destruction and collapse.

Project specifications

• The tower is planned as a 32‑story high‑rise building located in the central area of Idlib City.
• The project will include:
  • A comprehensive commercial mall.
  • A five‑star deluxe hotel.
  • Modern office spaces and business centers for companies and institutions.
  • Spacious parking facilities and specialized medical centers, including diagnostic imaging and radiology services.

Economic and social impact

The Idlib Business Tower is expected to create around 2,500 direct and indirect job opportunities, which is significant given the local labor‑market conditions in Idlib.

The tower is seen as a new economic landmark that reinforces Idlib’s role as a commercial and service hub in northwest Syria, complementing other ongoing projects such as the free zone and dry port in the governorate.

Project timeline

According to the investor consortium, construction work is scheduled to start within four months from the signing date (roughly in the second or third quarter of 2026).

The project is expected to take up to three years to complete, after which the tower will open and operate with all its facilities.