Alleged Israeli airstrike target: A Syrian-Iranian rocket depot

Behind The News

According to Arab reports, the target of an alleged Israeli attack late Wednesday in the Hisya industrial area south of the Syrian city of Homs, was a military facility that may have been a rocket depot.

It is yet unclear how the target of the attack is linked—if at all—to Iran or Hezbollah, but the industrial area nevertheless has strong ties to Tehran.

Among other things, the industrial area contains hangars belonging to Iranian car company Saipa, in which the Iranian government owns 48 percent of the stocks.

Saipa and its subsidiaries are controlled by the Industrial Development & Renovation Organization of Iran (IDRO), a government-owned corporation that controls 117 Iranian companies and has been under US sanctions for a long time over its support of Tehran’s missile program.

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Saipa also owns 80 percent of SIVECO, a corporation owned by the Iranian government and a private Syrian company called Hmisho…

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