Egypt’s Doja Development has announced its entry into the Libyan market through the acquisition of two strategic land plots in Benghazi, marking a significant step in its regional expansion strategy.
The move comes as part of a partnership with Emaar Libya Holding, reflecting the company’s approach to building a strong regional presence based on carefully planned investments and strategic alliances. The expansion follows the launch of Doja’s first projects in Oman, highlighting its ambition to diversify geographically across promising markets.
Mahmoud Adel, chairman of Doja Real Estate Development, said the move aligns with a broader strategic vision aimed at balancing international expansion with strengthening investments in the Egyptian market. He stressed that the company is pursuing a clear plan focused on market diversification while maintaining its strong domestic presence.
Adel noted that the decision to enter Libya followed extensive market research and analysis to understand local demand and identify viable investment opportunities. Benghazi was selected as the starting point due to its strong growth potential and expanding real estate sector.
He added that the partnership with Emaar Libya Holding represents a key pillar of the company’s strategy in Libya. The collaboration allows Doja to leverage local expertise, accelerate expansion, and reduce operational risks, while ensuring the delivery of real estate projects that meet the expectations of the Libyan market.
Doja aims to transfer its experience in developing integrated urban communities to international markets, maintaining the same standards of quality and innovation seen in its projects in Egypt. The company is also exploring further opportunities in other regional markets as part of a carefully structured expansion plan.
The expansion into Libya follows its recent move into Oman, underlining a clear strategy to build a diversified investment portfolio. Adel said the company relies on detailed market studies to maximise returns and minimise risks, reinforcing its position as a competitive regional developer.