Libya Targets Foreign Investors in "Vast" Reconstruction Drive

By John Lee.

Libya is reportedly preparing to launch a comprehensive reconstruction program with the support of international organizations including the World Bank.

Xinhua quotes Libyan Minister of Planning Taher Al-Juhaimi as saying that the Libyan government is reviewing its five-year development plan by redefining the priorities of some 4,000 projects worth around $100 billion.

He added that Libya hopes to attract both Libyan and foreign private investors to implement the plan.

More here.

(Source: Xinhua)

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