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Syrian Investment Authority Claims Sole Control of Real Estate Development

SP Today News Desk

Syria's investment authority declared on 2 July 2026 that it alone may license and organize real estate development, citing Law No. 18 of 2021 and Decree 114 of 2025 and barring unauthorized projects.

Exclusive Jurisdiction Asserted

Syria's investment authority declared on 2 July 2026 that it is the sole body authorized to organize and implement projects in the real estate development and investment sector. The statement positions the authority as the mandatory gateway for any developer or investor seeking to operate in the field.

The Legal Basis

The authority grounded its claim in Law No. 18 of 2021, as amended by Law No. 2 of 2023, together with Decree No. 114 of 2025. It said these instruments make it the "authorized and implementing entity exclusively" for real estate development and investment.

Off-plan sales of housing units remain governed by Law No. 25 of 2011, which the authority cited as still in force alongside the newer framework.

How Development Zones Form

Under the rules described, real estate development zones may only be established through a decision of the Supreme Council for Economic Development, acting on a proposal from the authority. Projects must be carried out by licensed real estate developers and investors rather than by unregistered operators.

That structure makes the authority the single point through which land is designated for development and through which the firms allowed to build on it are approved.

Ban on Unlicensed Projects

The authority prohibited the launch of any project marketed under the real estate development label before its legal procedures are complete, warning that activity may not proceed outside the licensing channel. It also referred to a circular, No. 18, that had been suspended on 8 April.

By tying activity to licensed developers and to the off-plan sales law, the framework links new projects to the buyer protections written into that statute.

What It Signals

Real estate is among the sectors expected to draw significant domestic and foreign capital as reconstruction advances. Concentrating licensing and zoning authority in a single body signals an effort to centralize control over who can build, where, and under what terms, and to route reconstruction-linked investment through a defined legal channel rather than informal arrangements.

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