Economy

Al-Bab Administration Announces Investment and Industrial Projects to Stimulate the Economy

9 November 20265 min read

Al-Bab Administration Announces Investment and Industrial Projects to Stimulate the Economy
Al-Bab administration in Aleppo announces new commercial and industrial projects to expand job opportunities and attract investments.

The Al-Bab administration in the eastern countryside of Aleppo announced a package of new investment and industrial projects aimed at stimulating economic activity and expanding job opportunities in the area. These plans were announced during a community meeting that brought together economic and social figures in the city, on Monday, in a move aimed at enhancing the economic and commercial role of the region.

Attracting Commercial Activity

Al-Bab area official Hussein Al-Shahabi clarified in a statement to the Syrian Arab News Agency (SANA) that the projects include the construction of three residential and commercial towers and a mall in the center of Al-Bab city, in partnership between the city council and real estate developers. The plan also includes the creation of the Silk Road Markets Complex, which comprises an exhibition city and service centers, aimed at attracting commercial activity from various Syrian governorates.

Expansion of the Industrial City

For his part, Al-Shahabi indicated that the industrial city will be expanded from 56 to 142 hectares, providing a suitable environment for industrialists and contributing to securing approximately 10,000 new job opportunities. This expansion comes as part of efforts to develop industrial facilities to meet the needs of the population and support recovery and economic development opportunities in the region.

Calls for Infrastructure Development

Investor Omar Askif pointed out that the projects are accompanied by efforts to develop infrastructure and provide necessary facilitations for investors. Meanwhile, activist Naim Al-Louman called for improving road networks, increasing the number of schools, completing the strategic irrigation project, and developing industrial areas and markets, to keep pace with population growth and the increasing pressure on public services.

Source: Syrian Arab News Agency (SANA)

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