After an on-off construction hiatus of more than 15 years, First Mall opened in a lavish ceremony yesterday attended by Prime Minister Abdel Hamid Aldabaiba.
The mall’s investors, Al-Sahl Holding Group, said it is one of the largest and most important investment and commercial complexes in Libya. The company said the move reflects a renewed confidence in local investment and opens new horizons for economic activity in the capital, Tripoli.
Al-Sahl Holding Group, founded by the late Al-Mahdi Qaddad, said the project is a model of high-quality projects that combine commercial, service, and entertainment investment in one location.
The mall, which is built on an area of 6 hectares, with a roofed area of more than 136 thousand square meters, includes more than 220 diverse retail outlets, administrative offices, bank branches, medical clinics, wedding and event halls, and modern conference halls equipped to host economic and social events.
The company said First Mall's significance extends beyond its status as a massive real estate project. It represents a genuine addition to Tripoli's modern commercial infrastructure, expected to revitalize economic activity, attract local and international brands, create new job opportunities, and stimulate investment in the trade and services sectors.
The mall will also be a comprehensive destination for families, providing a modern and safe environment for shopping, entertainment, and leisure, in line with modern standards for shopping centers and giving the capital a landmark that reflects its urban and economic development.
In an exclusive statement to Libya Herald, Abdulraouf Anfais, an official at Al-Sahl Holding Group, said that resuming work on the First Mall project represents a significant milestone for the group and reflects its commitment to completing strategic projects that contribute to supporting the national economy.
He emphasized that the project will offer an integrated experience combining shopping, services, business, and entertainment according to the latest standards, making it one of the most prominent commercial and investment landmarks in the capital.
He added that the group is confident that the project will attract local and international investments and companies and contribute to creating job opportunities and stimulating economic activity, thus enhancing Tripoli's position as a destination for business, shopping, and services.
The completion of the project sends a positive message about the Libyan private sector's ability to revive major projects and its role in supporting sustainable development and strengthening Tripoli's position as a major economic and commercial centre. This will positively impact the Libyan economy in general and boost investor confidence in the future of the Libyan market, he concluded.