.: ATEX :.Organizing International Exhibitions & Event

Contract placed for next stage of Libyan network.
25-01-2009

On January 22 China Railway Construction Corp announced it had signed a US$805m contract to build a further 172 km of the planned Libyan rail network. Work on the line from Tripoli to Ras Ejder on the Tunisian border is scheduled to take 54 months.

In 2008 CRCC was awarded contracts worth 3·2bn dinars to construct a 352 km line between Al Khums and Surt by 2013, and a line running 800 km from iron ore deposits at Wadi Shati near Sabha to the port of Misratah by 2012.

Last August Russian Railways formally began work on US$4·5bn contract to build a 554 km section parallel to the coast between Surt and Banghazi; an extension to Egypt is planned.

Libyan investments in Egypt will be increased to 10 billion dollars.
24-01-2009

The preparatory meetings of the ministerial committee concerning joint investment between Libya and Egypt started in Tripoli. It aims to set mechanism to increase the Libyan investments in Egypt to 10 billion dollars in 2009.. Qatar news agency stated that the volume of Libyan investments in Egypt was increased by 32% during the previous two years. The number of Libyan companies working in Egypt reached 236 companies in different fields in addition to 9 Egyptian investment companies working presently in Libya. Volume of trade exchange between the two countries is expected to increase to two billion dollars .

Secretary of GPC: Libyan-Tunisian integration achieved joint projects.
28-12-2008

The Secretary of the General People's Committee noted that the trade exchange between both brotherly countries reached 2.2 billion of dinars during a short period of the current year, which exceeded the specified value by 10%; and that this value is expected to hit 2.5 billion by the end of this year.

The Secretary added there are teams working in the areas of education, trade, investment and other different areas to boost bilateral integration between both courtiers, where it was agreed to follow-up trade activities through non-official crossings, and to set up a committee consisting of the public security and customs to watch good, prevent smuggling and ease measures of goods and commodities transport.

On the other hand, the Secretary announced other procedures taken to increase integration between both countries, including broadening the Libyan investments in Tunisia during last year, where it reached around 1.5 billion of dinars.

He said several Tunisian investors had started investment projects in Great Jamahiriya that would be achieved in the coming phase.

The Libyan and Spanish Relations.
25-12-2008

It was signed in Madrid the Capital of Spain on the meetings of the fifth cycle of the joined Libyan and Spanish committee to support the Economic, Trade and financial relations. The Spanish side explained its desire to continue the cooperation with the Libyan side by executing some projects as they signed many notes to support the cooperation relations between Libya & Spain and they signed 8 understanding notes about Energy, Water Desalination and Health Drainage. The above notes included the investment, employment, Maintenance, Transferring Knowledge, qualification, Training and building abilities in all these aspects; they also signed an understanding note for investment in the production of electricity, employment, management, maintenance, transferring knowledge and building

First Conference on construction in desert areas kicked off in Sabha.
24-12-2008

The First Conference on Construction in the Desert Areas kicked off today at the House of Culture in the city of Sahbha

The conference is organized by Faculty of Engineering Science and Technology, in collaboration of Management Centers Developing Authority, Public Utility and Housing Authority and the Social Economic Development Fund.

The Chairman of the Conference's Scientific Committee explained the idea of holding the conference is in line with execution of housing and infrastructure projects in Great Jamahiriya in General and in Fezzan in particular.

The conference will discuss issues relevant to construction in the desert environment, including the most recent ways to maintain the concrete establishments and routes, and geotechnical engineering.

During the conference, several research papers will be presented to discuss building design in the desert environment and the materials suitable for such environment.

Oman, Libya Sign $500M JV Deal.
21-12-2008

The Sultanate of Oman and Libya have signed a $500 million deal to establish a joint investment company to be based in Tripoli.

The company will invest in economic, real estate, tourism, industrial, service and energy projects and will also set up joint stock companies to undertake different projects, according to a joint statement.The State General Reserve Fund will represent Oman in the Oman-Libya Investment Holding Company.

Sacyr awarded $400 mln urbanization works.
20-12-2008

Spain's Sacyr Vallehermoso group through its unit Svlidco has won the bid for urbanization work in the Libyan town of El Beida worth 400 million euros, a company statement said Friday. Svlidco, in which Sacyr holds a 60 percent stake and a body controlled by the Libyan government holds 40 percent, will carry out the work over a 2,700-hectare surface. The project included the construction of the networks of public utilities for telephone, natural gas, drinking water and the sewerage system, electricity and lighting, street paving and sidewalks. The project awarded to the company owned by Luis del Rivero was part of a plan of infrastructure investments worth more than 50 billion euroes, set up by the government of Libya, one of the world's main oil and gas producers.

Libyan company for Iron and steel: 238 million dinars surplus activity.
16-12-2008

The General Association for a Libyan company for Iron and Steel held regular meeting this year on Sunday in Tripoli.

The meeting was included by the Secretary of General People's Committee, head of general association for company, secretariat’s members of the General People's committee for planning, and manpower, training and operational, and financial and industry and minerals, and the economy, trade and investment charge, the governor of the Central Bank of Libya.

China Railway Construction.
15-12-2008

Has started construction of a LYD 2.2 billion (US$ 1.69 billion) railway project in Libya, according to Libyan state news agency Jana.

Investment Projects by value of 4 Milliards L.D.
14-12-2008

Libyan Board of Investment agreed on four new investment projects by cost of three milliards, sixty five millions L.D, after the 21st meeting of Board administration committee.