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82.8
billion dollars for development in Libya.
25-08-2007
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Saif Al-Islam
Gaddafi president of Al-Gaddafi development foundation revealed that
the plan for economic and social development will cost 82.8 billion
dollars for development in Libya. |
The opening of the second largest water reservoir in the world.
25-08-2007
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"Saif al-Islam Opened
yesterday Reservoir of Omar Mukhtar at the green basic people's conference
in Benghazi . Omar Mukhtar reservoir is total capacity of (24 million cubic
meters) of water GMMRP which is the second largest water reservoir in the
world and in Amid the celebrations of the Libyan people the Great 38th
anniversary of the Great Revolution. |
New—and huge—construction projects in the capital, Tripoli, are set
to
boost the sector further.
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Plans to develop
the trict of Tripoli are
progressing. A flagship luxury 400-room
hotel will dominate the 300,000-sq ft
development, called Burj al-Bahr, which
will also incorporate separate
residential and commercial towers
serviced by a shopping arcade, a
convention centre, a cinema and 11
restaurants. Construction is expected to
take about two years. Although large,
the project will be dwarfed by the New
Tripoli development, run by Dubai Realty
International of the UAE. This project
is a massive residential, commercial and
leisure development covering 2m sq
metres in the north of the capital. |
The new found city 40 square kilometers new city in Libya.
Libya will develop a $20 billion project
very soon .The project has been announced last year; all
necessary action has been taken and ready to start to make it
the largest Arab investment in North Africa.
The project is a fully contained city
consisting of Residential, Commercial and Business centres,
housing for 500,000 people it includes schools, universities,
hospitals and entertainment centres.
Covering an area of 40 square kilometres,
the city will be situated in the eastern side of Tripoli.
The new project would serve all sectors and provide investment
opportunities for Libya in terms of property, construction and
infrastructure.The project will be developed by er
Holding UAE, Tatweer Property Co Libya and with support from the
Libyan government. |
Hill International Say It was Selected by Libya as Program Manager for
Bardiyah Development.
24-08-2007
According to a press release issue on Thursday, Hill
International, the worldwide construction consulting firm, said
that Birdi Tourism Investments Co. has selected Hill as program
manager for the Bardiyah Development, a multi-billion-dollar
waterfront development program located east of Tobruk, Libya.
The initial 18-month contract for phase one of the program has
an estimated value to Hill of approximately $6.0 million.
The first phase of the project entails master planning and
conceptual design. Birdi plans to develop the shoreline from the
city of Tobruk up to the Libyan/Egyptian border, a distance of
more than 200 kilometers (124 miles).
High-end resorts and entertainment facilities are planned for
the beachfront which includes magnificent bays of the
Mediterranean Sea.
During the first phase, Hill's services will include program
management, management and administration of consultant
contracts, prequalification and evaluation of international
planning firms, schedule control, cost control, quality control
and contract administration.
"Bardiyah will have a tremendously positive impact on the Libyan
economy, especially on tourism," said Raouf S. Ghali, President
of Hill's Project Management Group (International). "We look
forward to participating in this program to make it a success
for our client and for the people of Libya," Ghali added.
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Saif Al-Islam laid down a foundation stone to execute 31 Thousand housing
units.
23-08-2007
Benghazi celebrated with laying down the foundation stone to
execute 31thousand housing units in Gonfoda, Algwharesh,
Alkhadrah and Gmens in this Shabia amidst the grand popular
celebrations marking the 38th anniversary of Great Al-Fateh
Revolution.
This project cost 4 billion Libyan Dinars. The coordinator of
the social people's leadership in Benghazi shabia, the secretary
of general people's committee, the secretary and members of the
execution of housing projects and facilities body moreover, the
secretaries of people's congress and planning council were
attended this laying down the foundation stone.
|
Boustead Singapore Ltd. (B04.SG) has entered into a $300 million joint-
venture contract to design and build a township in Libya.
23-08-2007
Benghazi celebrated with laying down the foundation stone to
execute 31thousand housing units in Gonfoda, Algwharesh,
Alkhadrah and Gmens in this Shabia amidst the grand popular
celebrations marking the 38th anniversary of Great Al-Fateh
Revolution.
This project cost 4 billion Libyan Dinars. The coordinator of
the social people's leadership in Benghazi shabia, the secretary
of general people's committee, the secretary and members of the
execution of housing projects and facilities body moreover, the
secretaries of people's congress and planning council were
attended this laying down the foundation stone.
|
SNC Lavalin Nexacor wins deal to build new Libyan airport.
23-08-2007
SNC
Lavalin Nexacor of Canada on Wednesday won a 400-million Euro
(541-million dollar) bid to build an airport in Libya 's
Mediterranean city of Benghazi , the official news agency JANA
said.
It should take two years to build
the airport that will be able to handle five million passengers
a year and 45 aircraft an hour, JANA said after Saif Al-Islam,
son of Libya’s leader Moamer Gaddafi, inaugurated the project
late Tuesday.
Benghazi is 1,000 kilometers (600 miles) east of the capital
Tripoli, where Libya said on Monday that work had begun on a new
one billion Euro airport which will be able to handle 20 million
people a year.
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