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Sovereign Wealth Funds Briefing - Categorized | Investment

Libya’s sovereign fund to build five-star hotel in capital of Sao Tome and Principe

Posted on 06 October 2010

From Macauhub.com.mo: Libya plans to build a five star hotel in the centre of the city of Sao Tome, a project expected to cost US$35 million, the prime minister of Sao Tome, Patrice Trovoada said. The prime minister noted that construction of the hotel would be funded by Libya’s sovereign fund and that work could, “begin this year.”
Trovoada also said that, as well as the hotel, Libya also planned to build a condominium at Praia Governador, (near the international airport)……………………………………….Full Article: Source

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