Saturday, August 30, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Libya’s Reconstruction to cost $450 Billion

March 22, 2021
Share on FacebookShare on Twitter

Head of the Libyan Contractors Union, Abdel-Majid Kosher confirmed that Libya needs an estimated $450 billion US dollars for reconstruction over the upcoming five years.

Kosher said in a press statement to Masrawy news website that the reconstruction requires about three million workers. He noted that Egyptian workers are qualified enough to help improve the war-torn country.

“Egypt has expert workers, who are ready to reconstruct the country,” he said. As well as pointing out the many investment opportunities in infrastructure, railways, bridges, roads, housing, sanitation and oil.

Kosher called on Egyptian contracting companies to contribute to the reconstruction of Libya; due to the importance of Egypt’s role in providing the necessary manpower.

He expects Egyptian companies to have the “lion’s share” in reconstruction, and win contracts after making offers that outperform international companies seeking to exploit the opportunity, including Chinese and Turkish companies.

Tags: BillionContractorslibyaReconstructionUnion
Next Post

Libya's Health Minister Discusses COVID-19 Vaccination Campaign

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Military Convoys From Misrata Head to Tripoli Amid Rising Tensions

Benghazi Migration Office Deports 322 Migrants

Italy’s Senate to Finalise Prisoner Agreement with Libya

Libyan Parliament Calls for Withdrawal of All Foreign Forces from Libya

Libya Joins OIC Ministerial Meeting on Gaza

Libya Warns of Power Strain as Temperatures Surge in East

EDITOR PICKS

Libyan Parliament Calls for Withdrawal of All Foreign Forces from Libya

Libyan & Italian Lawmakers Meet in Rimini to Discuss Political Dialogue

EU Highlights Need for Closer US Coordination on Libya

Libya Warns of Power Strain as Temperatures Surge in East

Italy’s Senate to Finalise Prisoner Agreement with Libya

Libya Joins OIC Ministerial Meeting on Gaza

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR