Works on Palm City Residences, the Maltese-Kuwaiti-owned luxury development near Tripoli in Libya, are now nearing completion, with the official opening due to take place in the summer.

Palm City is located on the pristine coastline of Janzour, offering five-star, long- term accommodation. It has already secured a substantial number of tenants.

“Works at Palm City have maintained their momentum and we are in the process of hosting clients for on-site visits. The area surrounding the development in Janzour, which lies 15 kilometres away from the capital of Tripoli, has been totally transformed with roads, paving and landscaping,” said Mr Reuben Xuereb, Managing Director of Mediterranean Investments Holding the operating company.

The first tenants are expected to move in shortly.

“Structural works and internal finishings, including tiling, apertures and internal and external doors, have been completed in 95% of Palm City residences,” Mr Xuereb added.

Palm City comprises 413 residential units with a multitude of supporting leisure and entertainment facilities including a private sandy beach served with two restaurants and a central piazza which will act as the focal point for the community where people meet, shop, and see to most of their daily needs.

“Plans have now been finalised for the main restaurant by the beach, which is expected to be the hub of activity for the Palm City tenants. Negotiations have also been concluded for the operations of a fully fledged supermarket, clinic and hair salon/beautician, which will all be located within the Central Piazza area alongside other outlets earmarked for this area,” Mr Xuereb concluded.