Mubasher: Syria’s Ministry of Tourism has partnered with Ezdihar Holding to carry out The Beaumont mega-development project, which spans 77,000 square meters, according to a press release.
The development is the country’s first fully integrated residential, commercial, and leisure project, which has an estimated investment of $250 million to $300 million. It will be implemented through a 50-year joint venture (JV) between the tourism ministry and Ezdihar Holding, with financial and administrative independence.
Construction of The Beaumont is expected to be completed within four years and will be carried out in phases. Meanwhile, the project is set to generate between 1,500 and 2,500 direct jobs and an additional 3,000 to 3,500 indirect positions, which represents a major catalyst for economic growth.
The project is located near Umayyad Square, aiming to serve as a prime destination for companies seeking regional or national headquarters while offering a vibrant hub for tourism, hospitality, and retail within a modern urban setting.
Syrian Minister of Tourism, Mazen Al Salhani, said: “The Beaumont marks a pivotal milestone for Syria’s tourism sector, representing a major leap in our efforts to revitalize the industry and enhance the country’s appeal as a premier investment destination.”
Al Salhani noted: “Projects of this scale stimulate economic growth, attract high-quality investment, create sustainable jobs, and reinforce confidence in Syria’s future.”
The Minister concluded: “Beyond infrastructure, this development sets a new benchmark for integrated tourism, transforming Damascus’ urban landscape, supporting related economic sectors, and showcasing our commitment to global standards through strategic partnerships that strengthen Syria’s competitiveness in the region.”
Moreover, the development will feature two landmark towers along the Barada River waterfront, with the first tower housing a five-star hotel with 150 rooms, including presidential suites, premium dining outlets, a private members’ club, and a fully equipped spa.
The second tower will offer 26 floors of luxury residences, from one-bedroom serviced apartments to 570-square-meter duplex penthouses, all with panoramic views of Damascus.
The development will also include a two-level retail center, an outdoor promenade with cafés and restaurants, and a 10-story modern business center designed to attract regional and international companies.
Founder and Owner of Ezdihar Holding, Wafic Said, said: “The Beaumont is a first-of-its-kind project in Syria, combining scale and international standards, delivering diverse tourism offerings to meet global demand, while enhancing hotel capacity and diversifying accommodation options to support a balanced and competitive hospitality market.”
The Beaumont is poised to become a landmark addition to Damascus’ urban and tourism landscape, strengthening the capital’s position as an attractive destination for investment and tourism, and supporting Syria’s vision of a diversified, sustainable economy driven by effective public-private partnerships.
It is worth noting that Damascus will host the first Syria Travel Show at the Dama Rose Hotel on 14-16 April 2026, in a step to reposition within the MENA tourism landscape.
