Arabtec to build 5-star hotel in Syria

Arabtec has won a construction contract for the five-star Yasmeen Rotana Hotel in the Syrian capital, Damascus. Construction cost of the hotel is estimated reach around $67m. The project, Arabtec's second in the country, will be executed by a group of international companies, including Mace International as the project manager, and Woods Bagot as the main consultant. The company's first project, the 8th Gate for Emaar-Syria Invest Group Overseas (IGO) is almost complete, Riad Kamal, CEO of Arabtec said.