Home BusinessReal EstateQ&A: Mounib Hammoud

Q&A: Mounib Hammoud

by Executive Staff

  E: The Souks Project is a quite misleading name. What is exactly meant by the term? Contrary to what many people think, the Souks Project does not refer to the SOUKS in the traditional sense of the word. It is a high street retail area that is going to blend into the Beirut Central District and complete the retail scene. It is like the last piece of the jigsaw puzzle that had been missing so far. E: When exactly did Solidere obtain the permits? And when will construction start? The Souks project consists of a northern and southern part. We obtained permits for the southern part, which is the retail area. Works will start in January. As all underground facilities, including the parking, have already been completed, we only need to build the superstructure. Delivery time is some 16 to 18 months, so we expect the project to be

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