Archive | Construction & Engineering

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Al Zawiyah Hospital, Korean Company Sign Agreement on Medical Treatment Service

Libya’s Al Zawiyah National Hospital and the Korea Shinhan Engineering and Construction Company have signed an agreement aimed at providing Libyan patients with the volunteering medical treatment services of Korean doctors at Al Zawiyah National Hospital. Shinhan Company, which will be executing a 5,000 housing units project with HIB in Tripoli, along with a similar […]

Business in Libya: Don’t rip us off

AS THEY bounce around Tripoli in beat-up cars on potholed roads, past peeling colonial facades and breeze-block houses, Libyans often rue their country’s misspent wealth. “This should be like Dubai,” they say. Owing to decades of quixotic rule under Muammar Qaddafi, it is not. And it won’t be soon, despite the lifting in December of […]

Trade boom with Libya on Lebanon’s horizon

Libya’s recent decision to lift its economic embargo on Lebanon will boost bilateral trade and open up opportunities for businesses in Libya’s reconstruction and energy sectors, experts said. A statement issued by the newly appointed Libyan Cabinet announced the decision earlier this week. The Cabinet has also lifted a similar trade embargo on Switzerland. “We […]

Profile: Libyan fighter eyes return to business

Twenty-one year-old Khaled Abd al-Khalq likes to think the new Libya will be fairer than the old one. “Before, especially in construction, the businessmen with connections to the people around Gaddafi dominated the industry and made sure they had the biggest share of the cake,” Abd al-Khalq said. “Now the country is changing. We hope […]

Lord Green: British business needs to be active and persistent in Libya

Minister for Trade and Investment Lord Green has advised UK firms to take a considered, strategic and active approach when it comes to doing business in Libya. He was speaking in London on Wednesday to over 500 businesses, largely small and medium-sized, at a conference on Rebuilding Libya. It was the third conference involving UK […]

Opportunity: Libya

Following the ousting of Colonel Muammar Gaddafi, oil production has resumed – and rapidly. Libya’s re-entry into the world oil market has recommenced in an astonishing way, exceeding expectation, and causing experts to re-assess Libya’s capabilities. Opinions vary on the final trajectory, but the pace at which Libya is getting back on track is indisputable. […]

Turkish construction firms speed up Libyan reconstruction effort

Turkey is working to make good on its pledges for Libya’s reconstruction as the government plans to build a new physiotherapy clinic, the Anatolia news agency reported Monday. The new clinic will be built in Misrata, as promised by Turkish Prime Minister Recep Tayyip Erdoğan during a visit last September. Representatives from Turkish construction companies […]