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About us

Al Mansoura Al Jadida Company

Al Mansoura Al Jadida Real Estate Development and Investment Company was established on September 16, 2010, in accordance with Law No. (23) of 2010 concerning commercial activities, registered under No. (25298).

It was named after the development project of Al Mansoura area, which served as the cornerstone for the establishment of the company. The project holds strategic importance for the company, both in terms of its physical and moral aspects as the company undertook administrative and financial procedures, including property evaluation, granting compensation to property occupants, demolishing buildings, and conducting studies to prepare the approved urban plan by the Urban Planning Authority.

Headquarters

The company operates from its main headquarters located on Abdul Nabi Belkhair Street, Tripoli, Libya.

Management

The company is managed by a board of directors consisting of 5 members, including the president, and a supervisory body consisting of a chairman and two members, along with the executive management.

Capital

The company’s capital amounts to 20,000,000 Libyan Dinars, fully paid by the Saving & Real Estate Investment Bank.

Ownership

The company is wholly owned by the Saving & Real Estate Investment Bank.

Years of Expertise

The company has a 15-year history since its registration in the commercial registry.

Vision

The vision for Al Mansoura Al Jadida Real Estate Development and Investment Company is based on administrative procedures to promote local investment development through partnerships between local institutions, the private sector, and public sector agents. This collaboration can take various forms in real estate investment that meets the needs of investment development within our country.

  • The company aims to be a pioneer in the field of real estate development and investment, catering to the aspirations of our clients locally and globally.

  • It seeks to enhance real estate development and investment methods, create distinctive and attractive real estate products in urban renaissance, and meet the desires and needs of individuals and investors. The continuous development of services and products is pursued to ensure high quality.

Goals

  • Preserving Capital.

  • Achieving High Growth and Returns on Investment.

  • Aspiring to become a starting reference point and a key player for an integrated and interconnected investment documents system that outlines long-term investment paths in Libya.

  • Directing its efforts towards a single objective, which is development and improvement.

Objectives

  • Engaging in all activities related to real estate investment.

  • Developing residential, commercial, tourist, and recreational complexes for the purpose of sale and lease, including rental sales.

  • Supervising the implementation and management of investment and real estate projects, both for its own account and on behalf of others, including overseeing maintenance, renovation, and real estate development activities.

  • Owning and disposing of properties, equipment, transportation means, and managing them.

  • Applying for loans and facilities and making the necessary contracts.

  • Importing equipment, operational supplies, and all necessary materials, in various types and sizes, required for the company’s operations.

  • Undertaking any other activities authorized by applicable laws and regulations.

The organizational structure

For Al Mansoura Al Jadida Real Estate Development and Investment Company