The Syrian government has completed and handed over 40,000 apartments in its subsidized Housing scheme to applicants during the war, against all odds, and despite the Western tight blockade and sanctions.

More to be built as the local market is in need of about 2 million housing units due to the massive destruction caused by the US-led World War of Terror against Syria, and because of the normal increase in population.

The Iranian government and some companies have shown interest in cooperating in the housing sector, especially that Iran faces similar sanctions and the Syrian market would open more opportunities to them, it’s win-win cooperation.

The following report by the Lebanese Al-Mayadeen news channel sheds some light on the housing sector in Syria and the development in the memorandum of understanding signed with Iran in this regard:

The video is also available on BitChute: https://www.bitchute.com/video/48LFEj3pHJl9/

Transcript of the English translation of the video:

Syrian-Iranian cooperation projects in the field of housing and the establishment of integrated suburbs facing Western sanctions in parallel with ambitious plans of the Syrian Ministry of Public Works and Housing, including the construction of tens of thousands of housing units in addition to 26 residential suburbs.

Thirty thousand housing units and facilities for the establishment of Syrian-Iranian companies in construction, roads, and bridges, are the most important titles in the executive program of the memorandum of understanding in the field of public works and housing concluded earlier this year.

The two countries translate realistic cooperation plans that face Western sanctions that have affected all economic facilities.

Suhail Abdul Latif, Minister of Public Works and Housing in Syria: We put in place an executive program for this memorandum of understanding, which is two main parts, the first part includes the establishment of joint executive construction companies between the two countries based in Damascus, and the other part is the implementation of about 30 thousand apartments by Iranian companies in housing.

Government housing projects have not stopped despite the ferocity of the war and the destruction of entire housing complexes, including the launch of the suburb of Al-Fayha, west of Damascus, which includes 11,000 housing units, and the completion of housing projects in various provinces.

Suhail Abdul Latif, Minister of Public Works and Housing in Syria: Work continued during the crisis in all safe areas in social housing in residential suburbs and tens of thousands of apartments were allocated, and we are continuing. Currently, apartments are being allocated in the governorates of Damascus Countryside, Latakia, Homs, and Hama.

The private sector, in turn, looks forward to playing a broader role in securing housing after the war, a role that requires government support, particularly in terms of securing land, regulatory schemes, and facilities for the provision of raw materials.

Ammar Youssef, Economist: The private sector must have a larger role but with state regulation because the state is the main pillar in the reconstruction process and securing housing for citizens.

Experts estimate the Syrian market’s need for more than two million housing units in the face of the great destruction caused by the war and population growth, the provision of these housing is mainly related to the provision of financial liquidity.

More than 40,000 apartments built by the Syrian government during the war years, the state has not backed down from social housing projects despite declining public treasury revenues and increased Western sanctions.

Mohammed al-Khader, from the suburb of Qudsia in the western Damascus countryside, Al-Mayadeen.

End of the transcript.

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