Profile: Damascus Cham Holding, the Company at the Heart of the Marota City Project

Damascus Cham Holding Private JSC (DCH) is a private sector holding company fully owned by the Damascus governorate. In 2016, it was set up to develop and manage two large real estate areas in Damascus, as well as various other projects on behalf of the governorate. The largest – and most controversial – of these projects is Marota City, considered by many to be “Syria’s Solidere,” in reference to the controversial Lebanese firm that developed Beirut’s devastated downtown after that country’s 1975-90 civil war.

Source: The Syria Report