Baladi - Coverage
Economy:
The Syrian Observer published that private Turkish companies are imposing a new investment reality in the northern Aleppo countryside after establishing a foothold with major projects in the main service sectors required by residents.
The investment situation in the Aleppo countryside is inseparable from reconstruction in Syria, in which Turkey is trying to enter through cities and towns which were destroyed by the fighting against the Islamic State group (ISIS) along its borders. It is trying to establish its presence in the area economically with projects that have been officially announced and others that have begun to be implemented by private companies by different means.
Since the start of 2018, three private companies have entered northern Aleppo with investments, the latest being a company which connected the electricity in the city of Azaz after it was cut off for years. The project which it implemented was the largest of its type in the region, based on the need of residents in the Aleppo countryside for electricity, as they currently depend on generators.
The project came as part of a contract signed by the local council in the city with the Turkish ET Energy company, which is privately owned.
Since taking full control of the area, Turkey has developed future plans in a variety of areas, whether in security through imposing laws in the region and compelling rebel groups to unite and move their military bases outside the cities, or economically through opening the crossings, or in terms of services through supporting local councils and renovating facilities and roads.
Before the electricity project being carried out in Azaz, there was a residential project in the city of Qabisein. The project has the name “Qabisein Residential Suburbs” and is composed of five concrete blocks containing 225 apartments and about 30 stores featuring different areas and built in the Turkish style. Work should be completed in August next year.
Source: The Syrian Observer