A promising residential project Hama City Council is preparing to launch in the coming period in cooperation with real estate developers and the General Authority for Investment and Real Estate Development at the Wadi Al-Jawz District in the northern part of the city.
The site, which covers an area of more than 30 hectares, is expected to include residential buildings that will accommodate more than 12,000 people. This will reduce the population pressure on Hama city and put an end to the high prices of real estate.
Dr. Ahmed Al-Homsi, director of the General Authority for Investment and Real Estate Development, said in a statement to SANA correspondent that a meeting was recently held with the Hama stakeholders to discuss this residential project, which is the first of the projects of the Authority in the governorates and adopt ways to speed up work in it and overcome the circumstances that caused delay. Ready to cooperate with the city council of Hama to overcome all obstacles facing it.
Eng. Adnan Tayar, head of the Hama City Council, said that the construction officer in the project is a tower building system with three categories of 6, 8 and 12 floors pointing out that the real estate developer will execute the entire project with its residential buildings, service facilities and infrastructure. Housing units according to the principle of quotas in return for the value of the land provided by the Council.
Wadi Al-Joz has the advantages of a promising real estate investment, including a vacant area of more than 30 hectares, as well as proximity to the city center and is planned to include housing that meets the standards of development and real estate investment.