PSJ Builds Residential Complex in Tunis

5 Nov 2009

Construction company PSJ, a.s. continues its tradition by successfully completing the harbor enlargement project "La Goulette" and extending the list of its activities in the Tunisian market. In cooperation with the firm M.F.M. Tourism, Hotels and Resorts and Developer, PSJ has initiated the construction of another interesting project entitled "Sea World Residence".

It is basically the construction of a residential tourist complex on the shore of the Mediterranean Sea in the Tunisian city Hammamet. On a surface of 120 thousand square metres, there will be an apartment building containing 187 four-bedroom and 382 six-bedroom apartments including commercial premises, necessary parking space and ancillary grounds. The newly built-up site will be connected to the Hotel Bousten Club complex.

„The preparation phase and demolition works have already started. It is anticipated that the construction of the new objects  and the ancillary grounds will take thirty months. The cost without VAT (Value Added Tax) will exceed 56 millions EUROS," said Director of Export Division, PSJ, a. s., Jaroslav Jirkovský.

The financing of the project is supported by export credits of the Czech Republic. The investor, i.e., the company from the G.M. group, the firm M.F.M. Tourism, Hotels and Resorts and Developer, in this way will extend its currently existing services in the area of tourist sector. A significant part of building supplies and trades will be provided by Czech suppliers.

Already in April this year, Czech President Václav Klaus officially laid the foundation stone of Sea World Residence.