Indian Company to Restart Housing Project

India's Simplex Projects has said it received approval for the resumption of its stalled project in Libya.

The project reportedly involves the construction of 2000 housing units, service buildings and related infrastructure at Ghira, Shabiyat of Ashati.

It was stalled since the outbreak of political unrest in February 2011, and is to be completed within 900 days of the payment of outstanding dues.

(Source: Business Standard)

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