Tuesday, September 20, 2016

Malia plans resort in Anfeh next year. Group also plans to expand its pharmaceutical company


Malia Group has announced plans to build an 800,000 square meter resort in Anfeh. The project will be launched in early 2017 and will be ready in 2019.

The Group will own the resort and will lease out units.

"We are not targeting investors but people who wish to live in a gated city, which is what the project is about," Jacques Sarraf, Malia's Chairman, said.

The project will be developed through four phases. Investment in phase one will reach $70 million.

The reso...

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