Investment licence58

Rehabilitation and Investment of the Boys' Physical Education Institute as an Integrated Sports Facility

Ministry of Education - General Authority for Educational Buildings

GovernorateAleppo

AvailabilityAvailable

Announced19/06/2026

Full details

Investment Opportunity Description: Rehabilitation and operation of an integrated sports facility comprising fields, halls, and three administrative blocks (old Ottoman building) and a residential block, with the investment of its facilities for sports and community activities.
The Declaring Authority: Ministry of Education - General Authority for Educational Buildings

Sector: Sports
Economic Activity (International Standard Industrial Classification of All Economic Activities ISIC): Arts, sports and recreation
Contractual Structure (World Bank Classification): ROT
Investment Pattern (UNCTAD Classification): Brownfield investment

Governorate: Aleppo
Location: Aleppo - Bustan Al-Basha - Beside the General Company for Seed Multiplication
Coordinates: 36.224839463506136, 37.164629326667885
Area Allocated for the Project: 27,000 square meters
Property Ownership Type: State property
Real Estate Yield: Ministry of Education - General Authority for Educational Buildings
Property Number: 731 mat

The Official Dollar Exchange Rate on the Date of the Announcement: 113.50 SYP
The Black Market Dollar Price on the Date of the Announcement: 143.07 SYP
Official Dollar Rate at Announcement (Before Removing Zeros): 11350
Black-Market Dollar Rate at Announcement (Before Removing Zeros): 14307
Incentives and Benefits: The infrastructure and services are fully provided, with a heritage and urban value for the site (an old Ottoman building) that grants it a tourist and sports advantage, along with tax and customs exemptions in accordance with the Investment Law.
The Regulating Law: Investment Law No. 18 of 2021, Public-Private Partnership Law No. 5 of 2016, Antiquities Protection Laws (for the privacy of the Ottoman building)

Source: https://invest.gov.sy/Home/GetProject/caadf033-f6ba-4c98-8d9e-9310514e0c91
Source Archived: https://drive.google.com/file/d/1OEkOyPODNgfdaPSWlqX4XMl80ZWyKLV2/view?usp=drive_link