News
Zumurrud Mall Project Officially Restarts Under Auspices of Prime Minister
Tripoli, Libya – March 2025
Under the auspices of His Excellency Prime Minister Abdul Hamid Dbeibah, the official ceremony marking the restart of construction for the Zumurrud Investment Mall project, on Airport Road, was held on Wednesday evening.
The high-profile event was attended by several key government officials, including Minister of Transportation Mohammed Al-Shahoubi, Minister of State for Communication and Political Affairs Waleed Al-Lafi, and Head of the Executive Team for Presidential Initiatives and Strategic Projects Mustafa Al-Manie, together with Chairman of the Development Fund’s Board of Directors.
During the ceremony, government representatives conducted a site tour accompanied by Zumurrud Libya’s executive team and partners from REC Libya JSC For General Construction. Detailed presentations outlined the project’s execution plan and forthcoming phases. The project team confirmed that completion of the commercial center will adhere to the investment framework designed to boost the local economy and create new employment opportunities. The launch of the project’s sales center was also announced, which intended to facilitate and provide services for potential investors.
Zumurrud Libya’s management emphasized its commitment to rigorous project oversight to ensure timely delivery according to the highest international standards. The company leadership highlighted the vital role of major investments in strengthening the nation’s economic infrastructure, expressing confidence that this project will represent a transformative advancement for Libya’s real estate investment sector.
Signing of a Public Works Contract Between "Zumurrud Libya" and "REC Libya for General Contracting" to Accelerate Real Estate Investment
Tripoli, Libya – December 2024
This Tuesday
morning, in a significant step to strengthen its presence in the real estate
investment sector, Zumurrud Libya Investment Company signed a public works
contract with REC Libya for General Contracting to execute and design the
Zumurrud Investment Mall project.
The signing
ceremony took place in a positive atmosphere at the company’s headquarters in
Tripoli, attended by Mr. Jumaa Kousa, Chairman of Zumurrud Libya, and Mr. Oguz
Deniz, General Manager of REC Libya, along with senior executives from both
companies and representatives from the public and private sectors.
This project
is expected to make a qualitative addition to the urban and commercial
landscape of the capital, aiming to attract global brands and provide advanced
commercial spaces that meet the needs of the Libyan market, while contributing
to the creation of new job opportunities. This reflects Zumurrud Libya’s vision
to enhance real estate investment and participate in building a promising
national economy.
Hill International as Zumurrud Mall Project Consultant
Tripoli, Libya – December 2024
Zumurrud Libya for Real Estate Investment has signed a contract with Hill International to serve as the principal consultant for the Zumurrud Mall investment project. This collaboration is consistent with the Zumurrud’s pursuit of ensuring project execution according to the highest international standards.
The contract was signed during an official ceremony attended by Mr. Jomah Kousa, Chairman of the Board of Zumurrud Libya, and Mr. Ahmed El-Issawy, Commissioner General of Hill International Limited Company, along with several executive officials from both sides.
Hill International, well-known for its wide experience in managing major projects, will provide technical support and strategic guidance throughout all project implementation phases. This cooperation aims to enhance work quality and ensure the achievement of the project’s defined timeline and financial objectives.
Through this partnership, Zumurrud Libya seeks to incorporate best practices and modern technologies, contributing to the creation of a unique shopping and entertainment experience for visitors while reinforcing the project’s position as a vital commercial hub in the capital.
Zumurrud reaffirms its commitment to developing Libya’s real estate sector and delivering innovative projects that meet local market needs and contribute to economic growth.
MEETING BETWEEN ZUMURRUD LIBYA, "HILL INTERNATIONAL," AND "REC LIBYA" TO DISCUSS DETAILS OF THE ZUMURRUD MALL PROJECT
Tripoli, Libya – july 2024
Zumurrud Libya for Real-estate Investment held an important meeting with Hill International and Rec Libya to clarify works that will be carried out in the project, including maintenance, electrical works, and other technical and consultation aspects.
During the meeting, Rec Libya (the Contractor), represented by its General Manager Mr. Mehmet Korkmaz and a team from Hill International (the Consultant), presented a comprehensive report on the timeline, implementation phases, and technical aspects for completing the works. They also discussed mechanisms for supervising the quality of the execution works and the necessity of its full compliance with required safety standards.
Representatives of Zumurrud Libya emphasized the importance of close cooperation among all parties to ensure the desired goals are achieved, focusing on the commitment to providing the highest quality standards. They also added: “We look forward to completing the project within the specified timeframe and seek to achieve outstanding results that enhance the project’s value and contribute to the development of the real estate sector in Libya.”
ZUMURRUD LIBYA FOR REAL-ESTATE INVESTMENT COMPANY PARTICIPATES IN TRIPOLI INTERNATIONAL CONSTRUCTION EXHIBITION
Tripoli, Libya – December 2024
As part of its marketing strategy, Zumurrud Libya for Real-Estate Investment Company took part in the events of the Construction Exhibition held at the Tripoli International Fairground from December 16th to 19th, 2024. The company showcased its latest projects and investment plans in the real estate development sector.
The company’s Exhibition booth attracted a significant turnout of visitors who were interested in the field, among them was His Excellency Mr. Abdul Hamid Dbeibah, Prime Minister of the Government of National Unity, who took a look at the company’s key projects and was briefed on its future plans to support urban development in Libya.
Zumurrud emphasized its commitment to contributing to the advancement of the construction and real estate sector by providing innovative solutions and high-quality projects, aligning with the nation’s urban development vision. “We are dedicated to fostering economic growth and meeting the needs of the local market through distinguished projects that contribute to improving the lives of citizens,” the company stated.
ANNOUNCEMENT : LEASING REGISTRATION NOW OPEN AT SALES CENTER FOR ZUMURRUD MALL THE PROJECT
Tripoli, Libya – April 2025
Zumurrud Libya for Real-estate Investment is pleased to announce the opening of leasing registration for commercial spaces and offices at the sales center located at the Zumurrud Mall project.
We invite all interested investors who seek to lease commercial spaces or offices to fill out the registration forms. The center provides an ideal opportunity for investors to showcase their products and services in a vibrant and thriving commercial environment.
Registration Details:
· Location: Sales Center, Zumurrud Mall Project, Airport Road
· Period: Now open
· Registration: Please contact us or visit the center to obtain registration forms.
At Zumurrud, we are committed to providing necessary support to investors and creating a suitable work environment that contributes to the success of their businesses. Don’t miss this exceptional opportunity!
