Lafico Invests $320Mn In Algerian Projects
The state-owned Libyan Arab Foreign Investment Company (Lafico) has said it will invest some $320mn in a number of projects in Algeria, including hotels, tourism and trade. Some of the investment will go towards two luxury hotels near Algiers, construction of which is due to begin this month. The two projects will also contain trade and business centers. Lafico is also participating in two other hotels that...