Tenders Are Invited For Investment Of Space (-1-37) In The Corporations Administrative Building On Property /681/ Touq Al-Balad

Tenders are Invited for Investment of Space (-1-37) in the Corporations Administrative Building on Property /681/ Touq Al-Balad General Tobacco Corporation Latakia Coastal Branch ((Announcement No. 4/2026)) The General Tobacco Corporation Latakia Coastal Branch Announces a Public Auction, on Behalf of the Defaulting Investor (Milad Aql Jbeili), for the Investment of Space (-1-37) in the Corporations Administrative Building on Property /681/ Touq Al-Balad, in Accordance with the Provisions of Law No. /51/ of 2004, Chapter Four of Part Six, as Stipulated in the Special Legal, Financial, and Technical Conditions and the Approved Plans, and in Accordance with the Principles Outlined below. The Auction will be Held on the Seventh Floor of the Administrative Building of the Coastal Branch, Located in Latakia, University Highway, West of the Agriculture Roundabout, on Sunday, August 16, 2026, at 11:00 am. Initial Deposit: 1950 Syrian Pounds only. Those Wishing to Participate in the Auction must be Present at the Specified Time and Place, Bringing with Them the Provisional Deposit and All Required Documents. Final Deposit 10% of the Total Contract Value. Investment Period: Two Years and Six Months, Renewable for Another Ten Years with the Agreement of Both Parties. The Successful Bidders Offer is Valid for 120 Calendar Days from the Day following the Auction Date. Refer to the Special Terms and Conditions (Technical, Financial, and Legal) for Any Matters not Addressed in this Announcement. Those Wishing to Participate in the Auction should Contact the Coastal Region Branch in Latakia, the General Directorate of Tobacco in Latakia, or the Southern and Northern Region Branches during Official Working Hours, with a Fee of 1000 Syrian Pounds only. [Disclaimer: The above Text is Machine Translated. For Accurate Information Kindly Refer the Original Document.] Tender Link : elan.gov.sy