The Libyan Arab Maltese Holdings Company Limited was set up on the 18th November 1975 with equal shares between the Maltese and Libyan people. LAMHCO is a company that incorporates different sectors of businesses such as manufacturing, hospitality and industrial. It has a portfolio of subsidiary companies including ‘Medelec Switchgear Limited’ and ‘Mediterranean Power Electric Company Limited’, which altogether employ over 300 employees and with a net asset value of over 40 million euro. The company’s hospitality businesses include the ‘Golden Tulip Vivaldi Hotel’, a 4-star hotel located in the popular business and leisure centre of St. Julians, Malta. The hotel has 263 spacious rooms with most of them overlooking the stunning Mediterranean Sea and 2 restaurants which offer unique Mediterranean dishes. The latest project of the company is the building of a new hotel named ‘Hotel Verde’, situated in Gzira, Malta. It will be finished to high standards, with furnishing and equipment of high quality, to offer first-class comfort for all guests.