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Project Overview

Aleppo Governorate laid the foundation stone for the Western Ring investment project (Zone Five) on 16 June 2026, alongside the handover of investment sites to investors ahead of the start of implementation works. The project aims to develop the area, stimulate economic activity and improve public services.

Location and Scope

  • The project covers about 850,000 square metres along Aleppo's Western Ring, between Sanam Roundabout and Lairamon Roundabout.
  • Three investment contracts were ratified and their sites handed over to investors; the Aleppo branch of the Syrian Investment Authority had signed contracts for the project in May 2026.
  • The estimated founding cost of the five investment zones is about USD 70 million, according to Aleppo City Council.
  • Around 50 percent of the project area is set aside for free public use by residents.

Entities

Aleppo Governorate launched the project, the Aleppo branch of the Syrian Investment Authority oversees the contracts, and Mudirna Investment Group is the investing party.

Implementation Phases

  • Phase One: About four months, covering the organization of existing occupancies and the installation of seating, kiosks and public service facilities, alongside the technical studies for the site's final layout.
  • Phase Two: Starting about six months later, with full gradual implementation over two to three years, including social, cultural, recreational and sporting activities.

The investing party expects the project to generate more than 3,000 direct and indirect jobs.

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