DAMASCUS, Jan 8 (KUNA) -- Syria's Higher Investment Council has approved the establishment of a USD 15 billion investment project in the area of Jabal Al-Sheikh, west of Damascus, said Syrian Investment Office Director Mustafa Al-Kafri.
Al-Kafri said in a statement on Sunday that investors from the UAE and Europe would be engaged in the project, which is located over an area of 7,000 hectares and includes hostels, motels, entertainment parks, business centers, and banks, as well as tourism and cultural areas.
The project will also include a skating rink, aerial cable cars, sports clubs, villas, apartments, commercial center, a free trade zone, four cardio and neurology hospitals, as well as electricity generators.
