Damascus Cham Holding Launches Damascus Cham Management LLC
An important new step taken by Damascus Cham Holding Company is the establishment of Damascus Cham LLC. The holding company owns all its shares to be the executive arm of Damascus Cham Holding. The company will manage the regulated areas, their implementation, conduct all necessary contracts, create and manage citizen service centers, implement infrastructure and alternative housing in the regulated areas, and manage electronic systems in them. This move will enable Damascus Cham Holding, which is wholly owned by the Damascus Governorate, to enhance its role as a backer of the governmental sector that contributes in upgrading administrative and service work and achieves economic returns that contribute to the development of Damascus. Damascus Cham Holding will also work through its wholly owned companies to make a quantum leap in the service provision mechanism using the latest means and technologies without posing any additional burdens on the public treasury.
