DAMASCUS, Syria, Dec. 29--Head of an Iranian construction consortium here on Wednesday surveyed the possibility of constructing a tourism city near Syria’s coastal city of Latakia.

Head of the Iranian Amiran Consortium, Hassan Akhoundi, studied the issue in a meeting with the Syrian Tourism Minister Sa’dallah Aqa Al-Qal’ah.

According to IRNA, the exact location of the project is still under study, and if approved it would include a hotel, an apartment hotel, a sporting complex, service and recreational facilities.

At the meeting, the Lebanese minister referred to the recent laws and decision to attract foreign capitals,
stressing, “Damascus is also fully ready for all out cooperation with Iranian investors in providing facilities to pursue their projects.“

For his part, Akhoundi considered as ’positive and encouraging’ the measures adopted in Syria for attracting foreign investors.

Iran’s investment in Syria is expected to increase to $1.2 million.