It was announced today that Bonyan International Investment Group, has announced plans to invest $15 billion to build a tourist village within the area of Jebel Al Shiekh in Syria. The project will be called Syria Bonyan City and is a step towards achieving the company`s aim to build a city within every Arab city.

The new development will be the second after Jordan Bonyan City.

The Syrian Higher Council for Investments has given initial approval for the establishment of this project, which will open developers eyes the potiential for real estate investment in Syria.