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Posted On: 19 January 2010 12:39 pm
Updated On: 12 November 2020 02:10 pm

Qatari Diar finishes Syria project

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Qatari Diar Real Estate Investment Company announced yesterday that it has handed over a luxurious residential complex (also called fishing village) in Ibn Hani Bay near Lattakia, an initiative seen as part of the company’s desire to contribute to the development and support of all local communities by implementing real estate projects. Qatari Diar had earlier announced the launch of a beach resort project to be set up in the coastal town of Lattakia with an investment of $350m. The project stretches over 244,000sqm on the Ibn Hani coast near Syria’s main seaport, Lattakia. The resort is aimed at becoming a tourist destination in Syria. In a ceremony attended by Syrian Tourism Minister Saadallah Agha Al Qalaa, Qatari Diar officials announced the completion and delivery of the complex which is dedicated to house fishermen and their families in the Ibn Hani Bay. QNA