Opportunity Overview

The Syrian Investment Authority has listed the Mezzeh Children's Park, known as Al-Talai, in Damascus on its official investment map. The total site area is 34,000 square meters, with the direct project footprint covering 17,000 square meters. The land is owned by the Damascus Governorate.

Proposed Scope of Works

The project encompasses two primary components: the construction of an underground commercial market and the rehabilitation and upgrading of the existing park. The underground market includes a first basement level standing 8 meters high with a mezzanine floor, in addition to three basement levels designated for parking and service facilities.

Available Investment Activities

Investment activities are distributed across two levels:

• Park surface level (not exceeding 10% of the total area): sports courts, restaurants, and cafes.
• First basement (mezzanine): fast-food outlets, retail shops, a supermarket, a technology market, technology entertainment and gaming halls, and event halls.

Investment Model and Capital Requirements

The project is structured under a BOT (Build, Operate, Transfer) model with a concession period of 35 to 40 years. The total estimated capital requirement stands at USD 20 million.

Issuing Authority and Application

This opportunity is issued by the Syrian Investment Authority through its official investment map portal. Full project details and application procedures are accessible via the direct link available on the Authority's platform.