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Home Business

Prime Minister orders the PPP reactivation of closed Social Security Fund hotels

bySami Zaptia
February 14, 2023
Reading Time: 1 min read
A A
Prime Minister orders the PPP reactivation of closed Social Security Fund hotels

Prime Minister Aldabaiba has instructed that the hotels and tourist villages of the state Social Security Investment Fund be reactivated through public tenders with the private sector (Logo: Social Security Fund).

Prime Minister Abd Alhamid Aldabaiba ordered that the hotels and tourist villages of the state Social Security Fund for Investment (SSFI) be reactivated in partnership with the private sector (PPP). The SSFI is owned by the Social Security Fund.

The instruction came during a meeting Monday at the Cabinet Office in Tripoli between Aldabaiba and the management committee of the SSFI devoted to following up on the conditions of the SSFI and its plan to address the conditions of its hotels and tourist villages.

No justification for closures
The Prime Minister issued his instructions on the need to operate hotels that have been closed for 10 years, ‘‘without justifications other than lack of seriousness, and to work professionally’’. He said as a first phase, the most important of these are the Grand Hotel, Goz Al-Teeq Hotel, Al-Jawhara Al-Zawiya Hotel, and the Tripoli Oasis Hotel.

Public tenders for the private sector
The restart of these projects should be conducted through investment with the private sector through public tenders, he stressed.

He also said that an opportunity should be given to all (local) operators (construction companies) in this field but according to specific technical specifications.

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A second phase for a number of (other) hotels affiliated with the SSFI is also necessary, so that it can operate its hotels, he added.

Aldabaiba said the SSFI will not be allowed to continue in this situation (of paralysis).

Tags: hotelsPPP Public Private Partnershipprivate sectorSocial Security FundSocial Security Fund for Investment SSFItenderstourist villages

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