Libya, UAE sign $500 Million deal.
Libya and the United Arab Emirates have signed an agreement for a $500 million joint venture for development projects in the African country, WAM news agency reported Sunday. The agreement was signed here Saturday between the Libyan Social and Economic Development Fund (SEDF) and the Abu Dhabi-based Al Mibar International for Investments.
The joint venture with an initial capital of $500 million, to be shared equally by the two sides, will focus on developing various projects covering real estate and tourism in Libya.
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The General Manager of Bank savings and the Real Estate Investment...
The General Manager of Bank savings and the Real Estate Investment (Dr. Tarek Al Buraiki), has signed a number of contracts for the implementation of 2350 housing units in Zawya City.
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The Secretary of the Management Committee of Roads and Bridges…
| The Secretary of the Management Committee of Roads and Bridges (Mr. Mohammed Skah), has signed contracts for implementing a number of projects in Zawya City specifically for roads of 79 kilometers. There was an announcement of a tender for the implementation of 130 km of agricultural roads and different internal roads within Zawya city.
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Secretary of the Committee of the General Authority of Marine announced…
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Secretary
of the Committee of the General Authority of Marine
announced the
completion of contract procedures to implement the
project for Port and
Anchorage in Zawya City, with the company’s director of (G-O-B)
Cypriot. This project will take24 months to be implemented and includes the
followings:
1- 1,000 meters in length Sidewalks
2- 310 meters in length Sea walls
3- 200 fishing marines units
4- 15 bulldozer
This project aims to provide job opportunities and a
production of five thousand tons of fish annually.
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The secretary of Management Committee of Development and Management
positions signed contracts for implementing 10 thousand housing units in
Zawya City.
The
secretary of Management Committee of Development and
Management
positions signed contracts for implementing 10 thousand
housing units in Zawya
city. These contracts integrated facilities and installations
in accordance with the
best standard specifications, which took into consideration
the nature and
characteristics of the Jamahiriya local environment. Korean
company (Shin Han)
has signed a contract to implement 5000 housing units south Zawya
City and
announced to implement contracts for the University of Zawya City
providing
components of colleges and halls and student housing and functional, and
all
educational facilities.
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Contracts were signed for the implementation of integrated projects
and...
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Contracts
were signed for the implementation of integrated
projects and housing
facilities and overseeing the implementation of these
projects in Libyan cities.
The number of contracts signed were (77) contracts at a total
cost of (3) billion,
(442) million and (272) thousand dinars.
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