The Syrian Investment Authority, through its investment map, has announced an investment opportunity to establish a 3-star hotel in the city of Latakia, on land owned by the Latakia City Council covering an area of 600 square meters.

Project Description

The opportunity includes the establishment of a 3-star tourist hotel featuring a restaurant, cafeterias, and a commercial complex, in addition to various entertainment facilities, aiming to provide integrated hospitality and accommodation services within the city.

Development Model

The project is offered under a Build, Operate and Transfer (BOT) model, which allows the investor to construct and operate the facility for a specified period before transferring ownership to the owning entity. The contract duration for this opportunity is set at no less than 25 years.

Location and Ownership

The opportunity is located in Latakia governorate, with the land owned by the Latakia City Council, covering a total area of 600 square meters.

Investment Sector

This opportunity falls under the tourism sector, one of the sectors listed on the official investment map issued by the Syrian Investment Authority to introduce available investment opportunities across Syrian governorates.