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Syrian- Qatari company for tourism investment
Syria-Qatar, Economics, 2/8/2002

A memorandum of understanding was signed on Thursday at the premises of the Damascus governorate provided for the foundations of the Syrian- Qatari company for tourism investment at a capital of USD 140 million.

It was decided that the company will start its first investment activities by founding a tourism and service complex in al-Baramekah area in Damascus at an area of 32 dunnums, at a total cost of USD 350,000.

This project falls in the course of attracting Arab and Arab Gulf investments to Damascus in the area of tourism and other fields.

Previous Stories:
  Syrian industry minister arrives in Baghdad   (2/5/2002)
  EIB loan for health project in Syria at 100 million EUR   (2/4/2002)
  Al-Shara confers with Qatar's new ambassador in Damascus   (10/2/2001)
  Qatar denounces the Israeli aggression against Syria   (7/4/2001)

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