Investment Round Closes
Syria's Hassia industrial city announced the results of its second plot-subscription round on 16 May 2026, with new industrial commitments totaling about US$145.75 million (USD). The round, which ran from 13 to 30 April 2026, received 25 investment applications for plots inside the complex.
The city's administration said the newly approved projects are expected to create roughly 1,566 direct jobs once operational. The administration framed the results as a sign of growing investor interest in Syrian industry during the current phase.
Engineering Industries Lead
Engineering industries ranked first by application volume with 17 of the 25 filings. Food processing followed with 9 applications and the chemicals sector with 3, reflecting a widening industrial base inside the city and a clear tilt toward metalworking and processed-goods manufacturing.
The breakdown points to investor appetite spread across both capital-intensive and consumer-facing segments, with engineering accounting for more than two thirds of the round's applications.
Heavy Industry Lineup
Announced engineering projects include steel-scrap melting and billet production, iron rolling, metal-pipe manufacturing, sheet-metal cutting and forming, lighting-pole fabrication, and refrigeration and freezing equipment.
Together, the lineup represents a substantive build-out of domestic metals and capital-equipment capacity inside a single complex, with several of the listed activities focused on producing inputs used by other industries.
Food, Pharma and Chemicals
The non-engineering slate covers baby and infant food, pharmaceutical preparations, industrial chemicals, beverages, processed oils, and laurel and pomace soap, signaling a broad mix of consumer-goods production alongside heavy industry on the same site.
Director's Framing
Hassia's director general, Talal Zaaib, said the new projects represent a qualitative addition to the industrial city, citing their contribution to raising productive capacity and stimulating the local economy.
Zaaib added that the new investments would help attract modern industrial technologies, create diverse job opportunities and support the path of industrial development in Syria.