Libya signs mega-tourism project

Published February 10th, 2005 - 01:54 GMT

A partnership contract was signed in Tripoli earlier this week to implement a world tourist resort in Farwa island between Libya's al-Niqat al Khamis municipality, Farwa for Tourism, and the Italian Norman group, one of the biggest companies working in the investment field.

 

According to JANA, part of the resort will be built on Farwa island itself, and the other part on the coast. The remaining area of the island will be preserved as a natural reserve and will include six big hotels, two 5-star hotels and four hotels of 4 stars.

 

An oasis of 70 tents equipped with the most modern services on the form of suits will also be set up along with floating tents, a golf course, two Yacht platforms, and other services.

 

The project will spread on an area totaling 471 hectares and will cost 300 million euro. It will be completed within 44 months.

 

The resort would provide 700 work opportunities for the Libyans.