Malta-based CT Park Ltd has signed its first contract in Libya to operate the only public car park in the centre of Tripoli, a two-storey underground car park, which has a capacity of over 2,000 vehicles on two levels. It is situated below a public garden, which also has to be maintained by the company.
The car park is located in the middle of the Burj Al-Fateh, Dhat Al-Imad towers, the newly built Burj Buliala and The 370-room JW Marriott Hotel which will be opened in 2011.
This is the first of five car parks, still to be built, which will be run by CT Park (Libya) Ltd, a new company that won a tender to manage public parking in Tripoli.
CT Park Lt was set up in Malta in 2004 to focus primarily on the parking industry. Today it runs the major car parks in Malta. It has both local and foreign partners.
The tender agreement covers the supply of automated, state-of-the-art equipment and a full management agreement. The term is for five years with an option for a second five-year term…read more