Libyan-Qatari Joint Venture Breaks Ground on Luxury Development in Libya

Tripoli- Work has begun on Wednesday at The Waterfront, a luxury residential and resort development located near Tripoli along Libya’s Mediterranean coast, announced Al-Libya Al-Qataria (ALAQ), a joint venture between Oyia (a wholly-owned subsidiary of Libya’s Economic and Social Development Fund) and Qatari Diar Real Estate Investment Company (a wholly-owned subsidiary of the Qatar Investment Authority).

The Waterfront will be a premium, gated, mixed-use community located in Janzour, a western suburb of the Libyan capital. Central to the project is a five-star resort hotel, the first in Tripoli to offer a waterfront location along with first-class amenities and unsurpassed service. more


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