Punj Lloyd Group bags orders worth Rs 5,904 cr in Libya

Sembawang Engineers and Constructors (Sembawang), one of the largest engineering and construction companies in Southeast Asia and a wholly owned subsidiary of global conglomerate Punj Lloyd Group, today announced its first three breakthrough projects in Libya totalling more than Rs 5,904 crore (US$ 1.2 billion) to build commercial and residential developments.
 
The biggest of the three contracts is the turnkey project to develop Al-Mea'tega Resort Village, a luxurious villa resort located on a 40-hectare site on the Mediterranean Coast adjacent to the domestic airport in Tripoli.
 
The second project is the Al-Ghiran Village in Tripoli which will have a total built-up area of 110,000 square metres. Located on a 13-hectare site, the mix-development comprises 17 four-storey high-end residential apartment blocks, common recreational facilities and sports hall, 66 luxury villas, a 120-room four star hotel and a 600-seater conference hall building. The project also includes landscaping and external infrastructure work & services.
 
The third project is for the construction of the Al-Froseya Hotel, a five star 150-room hotel comprising solely of suites. The seven-storey hotel will have deluxe facilities including a swimming pool, spa, meeting rooms and a 700-seat conference hall. The total built-up area will be approximately 65,000 sq m.
 
Al-Mea'tega Resort Village is targeted to complete in 2012, whilst Al-Ghiran Village and Al-Froseya Hotel are scheduled for completion in 2011.