Tag Archives | Bechtel

US Firms meet with Libya Local Investment & Development Fund (LLIDF)

U.S. Companies meet with Libya Local Investment & Development Fund (LLIDF) to promote Libya’s economy On March 22, the U.S. Embassy Libya External Office, based in Tunis, and the Libya Local Investment & Development Fund (LLIDF) co-hosted a U.S.-Libya commercial roundtable, bringing together representatives of U.S. companies to learn about LLIDF’s priorities on private sector […]

Firms Suspend Work at Sirte Power Plant

The South Korean companies Hyundai and Doosan have reportedly suspended construction of a 1,400-megawatt power plant in Sirte because of security concerns. Abu Bakr Makhyoune, the plant’s managing director, told Reuters: “It is only temporary. They had orders from the South Korean government to pull out because of the security situation in Libya. “Around 570 […]