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Home > Synthesis

Libyan Prime Minister Launches Major Investment Mall Project, Aiming for 17-Month Completion

Ana Fernanda Reporter / Updated : 2025-03-08 15:54:50
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Tripoli, Libya – Prime Minister Abdul Hamid Dbeibah has officially launched the completion project for the "Zumurrud Investment Mall" on Airport Road, marking a significant step towards revitalizing Libya's economic landscape. With a strict 17-month deadline, the project aims to deliver a state-of-the-art commercial and administrative hub.

The expansive project will cover a total built-up area of 280,000 square meters, strategically divided into a 135,000-square-meter commercial complex and a 145,000-square-meter administrative complex, offering 85,000 square meters of leasable space. The mall is designed to be a comprehensive destination, featuring 265 retail stores, 11 modern cinema halls, 24 bowling lanes, a large aquarium, a diverse food court, and dedicated family and children’s entertainment areas. It will also include shared business spaces, outdoor sports fields, and parking for 1,200 vehicles.

During his visit to the project site, Prime Minister Dbeibah emphasized the importance of adhering to high construction standards and meeting the scheduled completion date. He highlighted the project's potential to significantly enhance Libya's commercial and administrative infrastructure, stimulate the local economy, and generate numerous job opportunities.

"This project is not just about building a mall; it's about building confidence in Libya's future," Dbeibah stated. "We are committed to ensuring its completion on time and to the highest standards, as it will play a crucial role in attracting investment and creating a vibrant economic environment."

The project's relaunch coincides with the opening of a dedicated sales center, designed to provide comprehensive services and facilities for potential investors. This initiative underscores the government's commitment to fostering a conducive investment climate.

Libya, having endured years of political instability, views such large-scale investments as pivotal for its economic recovery and stabilization. The Zumurrud Investment Mall is expected to not only transform the local retail and entertainment sectors but also serve as a catalyst for attracting foreign investment.

Project managers confirmed that the construction is progressing according to plan, with a focus on delivering a modern and sustainable facility. The government has pledged to closely monitor the project's progress, ensuring transparency and accountability.

The Zumurrud Investment Mall represents a beacon of hope for Libya, signaling a renewed focus on economic development and prosperity.

[Copyright (c) Global Economic Times. All Rights Reserved.]

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Ana Fernanda Reporter
Ana Fernanda Reporter

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