The state Libyan Investment and Development Company (LIDCO) announced last Wednesday (18 February) that construction is continuing at the 8,500-plus vehicle multistorey carpark at (zone 6 of) its Tripoli Gate One (Bab Trablus) Project.

It said that within the urban planning of the project, traffic management was given a top priority, a fact reflected in the ongoing implementation phases.

Each underground parking space covers approximately 18,000 square meters, in addition to dedicated parking for each building, providing practical solutions that maintain smooth traffic flow within the project.

It comes within an integrated system of ground and underground parking, carefully distributed across the various areas of the project which enhances traffic efficiency and keeps pace with the requirements of modern urban development.

The Tripoli Gate project spans nearly 91 hectares, comprising 127 buildings divided into 16 main zones, connected by an internal road network covering 137.165 km², with an average width of 24 meters.

The infrastructure, LIDCO added, can also be expanded in the future, thus reducing congestion within the project.

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Car Park

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LIDCO / development projects

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LIDCO’s Lazurd Residential Complex Sales Centre ready to sell apartments in Tripoli Gate project

LIA invests in stalled LIDCO Tripoli Gate project – restarting construction sector projects

After a ten-year halt: LIDCO’s Zumurrud Tripoli Gate project resumes work – Foreign contractors will be watching closely

Libyan Holding Company for Development and Investment sells office buildings in the Tripoli Gate 1 project

PM Aldabaiba announces ‘‘Reviving Life’’ development programme for Q4 2021 | (libyaherald.com)

HIB to reactivate 69 projects in eastern Libya | (libyaherald.com)

HIB prepares report on 17,000 housing units for PPP investment | (libyaherald.com)

See: Breakthrough housing deal agreed by Government and Chinese company | (libyaherald.com)

‘‘The deal, in which the thorny issue of compensation is addressed by granting additional contracts, is seen as opening the door to completing numerous other housing and infrastructure projects with Chinese and foreign companies.’’

Chinese business looks to return to Benghazi | (libyaherald.com)

Massive LD 50-billion development of Tobruk unveiled; railway to Sudan to be built | (libyaherald.com)

Breakthrough housing deal agreed by Government and Chinese company | (libyaherald.com)

Tadawul Real Estate Fund signs agreement with the state Inma Real Estate Fund | (libyaherald.com)

Several solutions discussed to activate Libya’s real estate sector at final day of Tunis conference | (libyaherald.com)

The Second Libyan Real Estate Development Forum – 5 to 6 February in Tunis | (libyaherald.com)

LD 250 m private sector real estate investment fund launched | (libyaherald.com)

Benghazi investment and reconstruction conference calls for less state dependency | (libyaherald.com)

Payment, rather than security is seen as barrier to return of foreign companies to Libya | (libyaherald.com)

Continuing his flurry of reactionary decrees: Serraj creates new Ministry of Housing and Reconstruction | (libyaherald.com)

Libya to activate stalled housing projects through local companies | (libyaherald.com)

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