| 05 Nov 2009 |
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Kuwaiti-Syrian al-Jaz Group: Huge Housing Investments in Eastern Region
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Deir Ezzor - The investments undertaken by the Kuwaiti-Syrian al-Jaz investment group in the eastern city of Deir Ezzor have so far exceeded 4 billion S.P., said Director General of the Industrial City of Deir Ezzor Kaser Outhman.
This came during a meeting with the representatives of the investment group on Thursday, where currently implemented and subscribed projects were reviewed.
Director General of al-Jaz group Rashid Abdul-Majid said that their plan for future includes launching Durat al-Khaleej group for real estate development, which will be setting up two huge housing projects in the eastern region. Al-Jaz group will also invest in oil services and agri-food factories.
The Kuwaiti-Syrian al-Jaz investment group was co-established in 2007 by Syrian and Kuwaiti partners, with the aim of developing the eastern area of Syria by building factories, cities and trade companies.
By H. Said /Mazen
© SANA (Syria Arab News Agency) 2009
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