Al-Mea'tega Resort Village is targeted to complete in 2012, whilst Al-Ghiran Village and Al-Froseya Hotel are scheduled for completion in 2011.

Atul Punj, Chairman, Punj Lloyd Group said: “We are delighted that Sembawang will establish a significant presence in Libya with three major projects reinforcing our strategy to expand in overseas markets like North Africa which have robust growth opportunities. We look forward to more projects in Great Socialist People's Libyan Arab Jamahiriyah which has one of the highest per capita GDP in Africa. Libya has excellent prospects as it is undergoing brisk economic growth and the country is currently in the midst of executing a vast national plan for infrastructure and public works development.”

Richard Grosvenor, President and CEO of Sembawang said, “Winning these projects is a significant breakthrough for Sembawang as Libya is a new market for us. We are pleased that major inroads have been made in establishing our presence as a company that offers world-class competencies and in-depth expertise in major development projects.”

These orders for the hospitality sector come close on the heels of the Rs 1873.18 crore infrastructure order bagged by the Group earlier this month in Libya.

With these significant orders, the order backlog of the Group on a consolidated basis has gone up to Rs. 30,436.35 Crore. This is the total value of unexecuted orders as of 31st March 2009 and new orders received till date.