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HomeFeatured NewsTunisian, Libyan companies need to cluster in consortia for reconstruction of Libya

Tunisian, Libyan companies need to cluster in consortia for reconstruction of Libya

Chairman of the Libyan Union of Buildings (non-governmental organization), Abdelmajid Mohamed kchir called on Tunisian and Libyan public companies to come together in “consortia” to strengthen their competitiveness and cope with foreign competition in the reconstruction of Libya. He said during a Tunisian-Libyan meeting held Wednesday in Tunis that these groups will allow Tunisian and Libyan companies in partnership with their foreign counterparts to carry out “strategic” projects in Libya. “We will ensure that housing and community facilities projects be built solely by Libyan and Tunisian-Libyan joint companies,” he added. Mr. Ameur Ali Almasroub, Chairman of the Technical Committee in the Libyan Union of

Buildings emphasized, on his part, the need to diversify groupings to cover all economic sectors.

Tunisian and Libyan companies should come together in reconstruction of Libya (experts) Thursday, December 29, 2011 07:58 –

He added that the establishment of consortia should be governed by transparent and effective laws that give Tunisian and Libyan investors the same advantages in both countries.

He told TAP news agency that “foreign sides seek to share the reconstruction contracts in Libya whose cost are estimated in the short term at 80 billion Libyan dinars and to 400 billion Libyan dinars in the long term.”

Mr. Chorki Idriss, Chairman of the Tunisian Federation of Building and Public Works

Contractors called on the Libyan authorities to “implement an action program” to allow over 30 Tunisian and Tunisian-Libyan companies to complete land projects whose construction

works stopped after the outbreak of the February 17, 2011 Revolution.

These companies, he noted, are linked with official sides in Libya under contracts whose value exceeds 2,000 million Libyan dinars.

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