Marcopolis presents the Libya Report focused on the investments, doing business, economy and other topics featuring interviews with key executives and government officials. The sectors under review are industry, telecom, banking sector, ICT, investments and more.
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Ahmed Maiteeg, General Manager of Thobacts Hotel and Managing Director of DAA Construction & Engineering, talks the development, strategy and vision for DAA Construction & Engineering and Thobacts Hotel.
According to Maiteeg, "DAA Construction & Engineering has grown quite well in the last 4 years, we construct hospitals, hotels, public registration buildings etc. We also have a new section in our company that constructs roads and infrastructure. Our company is registered with the Libyan airport authorities as they are our clients."
"In terms of hotel management, we run 3 hotels in Libya; they are all 4 star hotels. We have 3 hotels under construction, 2 in Tripoli and 1 in Misrata. The Tripoli hotels will have around 400 rooms on the airport access roads. The Misrata hotel will have 295 rooms," he adds.
"We work in other sectors such as the oil field sector. We do business with some oil companies; we provide maintenance of their camps, pipelines, roads etc.," continues Maiteeg.
"There is also an investment side to our company; we are trying to get a license for one of the Islamic banks in Libya. We are still waiting for the license from the Libyan Central Bank. As you can see there are many branches to our company. As a group we hope to develop over the next 5 years to cover many sectors in Libya. At the moment we have approximately 263 employees. A new firm that we have is a consulting and engineering company," concludes Maiteeg.