The Syrian government follow the Egyptian and offers public properties on the Syrian coast for investment
The General Directorate of Seaports in Syria revealed the opening of the door for seasonal investment in public maritime properties in Latakia, Jableh, Baniyas, and Tartous.
In details, in a statement posted on social media that the bidding starts from the 9th of next May until the 16th of the same month in the aforementioned areas.
The General Directorate of Ports is located in the city of Latakia, where it supervises the work of the departments of the ports of Latakia, Tartous, Baniyas, Jableh, Arwad, and the fishing and pleasure ports in Latakia and Baniyas.
It’s noteworthy that during the past years, the government didn’t hesitate to offer public properties for investment.
Including the beaches or the seaside promenade, which has become invisible due to the large number of cafes, restaurants, and food trucks.
Citizens of Latakia said that the beach is no longer free, pointing out that municipalities neglect cleanliness in the free areas to force people to go to paid tourist areas that have been invested in.
Among the investments that public marine properties have witnessed in recent years are a boat maintenance and manufacturing workshop in the port of Baniyas, public auction contracts in the General Directorate of Ports for the Yacht Club in Latakia, and a fish farm in the Touq Jableh area, and it also includes investing in docks near the beach.
According to local al Watan newspaper, which is close to the government, “The revenues of the General Directorate of Ports for the year 2022 from seasonal investment amounted to 97 million liras, (around $5,300) and the revenues from temporary investment amounted to 1.3 billion liras, (around $70,000).
The percentage of implementation of investment plan projects in the General Directorate of Ports reached (90.5%), and the revenues of the General Directorate amounted to for the ports by the end of 2022, approximately five billion three hundred and forty million Syrian pounds, ($363,265).
