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Hasya Industrial City Adds 16 Investors, Including Chinese Iron Plant

SP Today News Desk
Hasya Industrial City Adds 16 Investors, Including Chinese Iron Plant

Sixteen new investors, including a Chinese iron manufacturer, subscribed to plots in Homs's Hasya Industrial City by 23 April 2026 under a subscription round offering 76 serviced plots, officials said.

Chinese Iron Plant Leads New Intake

Sixteen new investors have subscribed to plots in the Hasya Industrial City in Homs governorate, among them a Chinese investor planning an iron manufacturing plant, the city's investment department said on 23 April 2026. The subscription round, opened by the city's management this month, offers 76 investment plots.

Samir Mansoor, head of the investment department at Hasya, said the subscription window runs from 13 April 2026 through 30 April 2026, and that every plot on offer is fully serviced with electricity, water, and sewerage.

Cheaper Entry, Longer Installments

Mansoor linked the inflow to a reduction in the required initial payment from 25 percent to 5 percent of plot value, with the balance paid in installments over five years. Additional incentives include customs exemptions on imported machinery under the current investment rules.

He said the package is intended to accommodate food, engineering, chemical, and textile industries, across small, medium, and large scales.

Seventy-One Plots Allocated Since Liberation

Since the country's liberation, 71 investors have been allocated plots in Hasya, Mansoor said, with several previously idle facilities returning to production. The plots already assigned are distributed across five food, eight engineering, and three chemical facilities.

The department head said the allocated projects together employ more than 1,100 workers, an employment footprint concentrated inside one of Syria's largest industrial sites.

Investor Voices

Investor Wael Al-Deek, who returned to Syria after 25 years of operating in the United Arab Emirates in the production of restaurant and hotel equipment and industrial refrigeration, said he saw Hasya as a natural extension of his existing investments, citing the support and investment climate.

Investor Hisham Youssef, who is setting up an edible-oil plant at the site, pointed to the breadth of incentives and the readiness of the infrastructure as factors behind his decision.

Ready-Made Plots, Mixed Scales

The plots offered in this subscription round are described by the investment department as ready for immediate use, suited to food, engineering, chemical, and textile production at small, medium, and large scales.

Officials said the new allocations are expected to deepen both domestic and foreign participation in Hasya, which they described as Syria's largest industrial city, and to add to local output and employment.

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