Monday, June 23, 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 Economy

Egypt’s “Organi Group” Invests $2 Billion in Libya’s Reconstruction

February 17, 2025
Egypt’s “Organi Group” Invests $2 Billion in Libya’s Reconstruction
Share on FacebookShare on Twitter

Egypt’s Organi Group has announced $2 billion in investments for Libya’s reconstruction efforts, according to CEO Essam Al-Organy.

In an interview with Alborsa, Al-Organy revealed that 88 Egyptian construction companies are currently involved in Libya’s rebuilding projects. The group plans to increase this number to 150 in the coming months, highlighting Egypt’s growing role in post-conflict reconstruction.

Al-Organy also expressed interest in participating in Gaza’s reconstruction, stating that the first phase alone is expected to exceed $50 billion. However, this will depend on official approvals allowing Egyptian firms to enter the market.

As part of its expansion strategy, Organi Group has signed an agreement with China State Construction Engineering Corporation (CSCEC). This partnership aims to enhance strategic collaboration, introduce global expertise to Egypt’s market, and expand construction projects regionally and internationally.

The CSCEC agreement is expected to generate $5 billion in contracts across multiple countries, including Saudi Arabia, the UAE, and Libya.

Tags: economyEgyptlibyaOrgani GroupReconstruction
Next Post
Libya’s Haftar Pays Official Visit to Belarus

Libya’s Haftar Pays Official Visit to Belarus

POPULAR CATEGORIES

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

MUST READ

Libya Launches New Electoral Education Initiative

Libya’s Haftar & British Envoy Discuss Political Developments

Libya & Italy Sign Military Cooperation Plan

Berlin Conference Reaffirms Support for Libyan-Led Political Process

Libya’s Kufra Hosts 160,000 Sudanese Refugees

Libyan Movement Vows to Continue Peaceful Demonstrations Against Dbaiba’s Government

EDITOR PICKS

Archaeologists Uncover Roman-Era Site in Libya’s Benghazi

Italy Demands Stronger EU Role in Libya

UN Security Council to Hold New Briefing on Libya Crisis

Greece to Deploy Navy Near Libya to Monitor Migrant Departures

NIHRL Demands Full Participation in Libya’s Prison Monitoring Efforts

Libyan Movement Vows to Continue Peaceful Demonstrations Against Dbaiba’s Government

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

© 2024 LR

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

© 2024 LR