Idle Libyan Foreign Investment Company property in Kiev, Ukraine to be converted into 58 luxury hotel apartments

finance & economytourism - October 7, 2021

The Libyan embassy in Kiev, Ukraine announced yesterday that it is to convert an idle building belonging to the Libyan Foreign Investment Company into 58 luxury hotel apartments.

The embassy said the move comes from the point of view of its responsibility towards following up on property and interests of the Libyan state in Ukraine.

It said the transformation of the building into 58 luxury hotel apartments will begin before the end of this year, and that the reasons for the delay in its implementation are due to the complete shutdown that resulted recently from the Corona pandemic.

It said work is currently underway to hand over the site to the implementing company to start modifying and completing the work stages within a maximum period of one year.


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