Sunday, July 13, 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

Could the Libya & Turkey Military Agreement Trigger New Regional Tensions?

EU Plans New Diplomatic Mission to Libya After Benghazi Expulsion

IMF Proposes Plan to End Fuel Subsidies in Libya

Are Oil Profits Enough to Save a Divided Libya?

Haftar Reviews Ajdabiya “Greenbelt” Project

Libya’s HCS Sets July Session for Leadership Elections

EDITOR PICKS

Italian PM & Ministers Under Probe Over Libya–ICC Affair

Haftar Reviews Ajdabiya “Greenbelt” Project

Libya’s HCS Sets July Session for Leadership Elections

IMF Proposes Plan to End Fuel Subsidies in Libya

EU Plans New Diplomatic Mission to Libya After Benghazi Expulsion

Are Oil Profits Enough to Save a Divided Libya?

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

© 2024 LR

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

© 2024 LR