Libyan government faction signs reconstruction deal with international consortium
16 May 2023
Libya’s Ministry of Investment has signed an agreement with Chinese, British, French, and German companies to reconstruct the country’s cities once the country’s 12-year-long civil war is over.
According to the Libya Herald, the agreement was signed between the Government of National Stability, based in the eastern city of Sirte and led by Fathi Bashagha, and the BFI Management Consortium.
A source at the Tripoli-based Libyan Railways told the Libya Herald that the agreement had no involvement from the Tripoli-based Aldabaiba regime.
BFI Management is led by China Railways and includes China Overseas Engineering Group, French engineer Alcatel-Lucent, British consulting engineer Arup, and German tunnelling specialist Herrenknecht.
BFI’s chairman Saleh Atia Ibrahim said on the consortium’s website that its job would be to rebuild transport, water and healthcare infrastructure.
“The Libyan people have aspirations for peace, tranquillity and mutual respect throughout their nation,” he said. “This post-conflict recovery project will underpin and stimulate the peace with economic activity, growth and development for their, and their Nation’s benefit.”
Related
-
Dubai seeks contractors for Nadd Hessa stormwater project
27 March 2026
-
Chinese firm announces $1.9bn Abu Dhabi renewables contract
24 March 2026
-
Webuild signs MoU with Hyundai E&C to target infrastructure projects
23 March 2026
-
LTA Awards Final Civil Contract for the Downtown Line 2 Extension to China Railway Tunnel Group Co. Ltd.
17 March 2026
-
Daewoo pulls out of Libya upstream tender
5 March 2026
-
Iberdrola sells 757MW French onshore renewables portfolio to Technique Solaire
3 March 2026


京公网安备
11010802030424号
京ICP备19046776号-2