The General Company for Metal Industries (Barada) has announced that it is offering a property, in its current condition, for industrial or commercial investment. The process is an internal sealed-envelope auction held under the special conditions booklet, and the notice carries auction number M5/2026.

Property Details

The offer covers property numbers 66, 67, 68, 69, 70, 71, 72, 73 and 74, which are offered as a single unit. They are located in Rif Dimashq, in the Al-Qadam Asali area, within the Sbeineh Al-Saghra real estate zone.

• Total area: 142,200 sqm.
• Description in the notice: destroyed buildings and halls, roads and service areas.
• Offer status: as is.

Investment Terms and Deposits

The company set the investment period at twenty-five calendar years. The provisional deposit is SYP 30,000,000, while the final deposit is 10% of the total contract value.

A bidder remains bound by its offer for 90 days, starting the day after the closing date. The nominated bidder remains bound for 45 days from the date the auction is awarded to it.

Deadlines and Booklet

The special conditions booklet can be obtained from the company's registry office in Rif Dimashq (Hosh Blass) for SYP 10,000.

• Deadline for submitting offers at the company's registry office: before the end of official working hours on Wednesday, 25 November 2026.
• Bid opening session at the company's headquarters: Thursday, 26 November 2026.

Companies interested in industrial or commercial investment can contact the General Company for Metal Industries (Barada) for the full terms.