No Result
View All Result
Wednesday, October 4, 2023
24 °c
Tripoli
24 ° Thu
24 ° Fri
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
 
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

AECOM to resume work on multi-million dollar contract

bythomwestcott
December 6, 2013
Reading Time: 2 mins read
A A
AECOM to resume work on multi-million dollar contract

The (Photo: Sami Zaptia, Libya Herald)

14
SHARES
61
VIEWS
Share on FacebookShare on Twitter

By Libya Herald staff.

The (Photo: Sami Zaptia, Libya Herald)
Yesterday’s signing ceremony at the Corinthia Hotel (Photo: Sami Zaptia, Libya Herald)

Tripoli, 6 December 2013:

American Fortune 500 company AECOM has signed a $209-million contract with the Ministry of Housing . . .[restrict]to resume work on pre-revolution housing and infrastructure projects.

“The initial $209-million contract is for 25 months, which is the remaining term of the original contract suspended during the revolution,” AECOM’s chief executive of global programmes James Thompson, told the Libya Herald. The total value of the project, which AECOM was managing, was over $36 billion, he said.

“It is expected to exceed $100 billion in construction value,” Thompson said, adding that this would make the US-Libyan deal one of the biggest construction contracts in the world.

RELATED POSTS

Derna update: International aid continues to arrive, infrastructure damage update

Top law firm joins new British Libyan Business Association

AECOM is the main general manager and implementer of a nationwide programme for the Housing and Infrastructure Board (HIB). The programme includes many hundreds of projects to develop Libya’s infrastructure and support the country’s housing needs. It is looking to mobilise restart efforts in January and February next year, Thompson said, after all contract-related formalities had been completed.

“This comes as a sign of the good relationships we are seeking with other countries and, on this occasion, especially the US, which supported our revolution,” Minister of Housing Ali Sharif said, speaking at yesterday’s contract-signing ceremony. He added that he hoped that AECOM’s return to Libya would encourage other international companies to also restart work in Libya.

This was echoed by US Ambassador to Libya Deborah Jones who said: “This important project signals increased economic cooperation between our two countries, as Libya works diligently to rebuild a country that suffered decades of a brutal dictatorship.”

She said America was committed to supporting Libya in its efforts to reform its economy. “Infrastructure investment directly affects a country’s economic growth potential and contributes directly to an environment that attracts business investment and supports local firms and entrepreneurs,” said Jones.

Amongst the first AECOM operations to be restarted will be two housing projects, one in Tajoura and a second in the east of Libya, AECOM’s deputy project director in Libya, Tarek Ben Gimer, told this newspaper. In Tajoura, it will also be responsible for the complete infrastructure, including roads, sewage, water supplies and electricity, he said.

Yesterday’s contract signing was the result of many meetings since liberation, HIB Chairman Mahmud Ajaj said. “Through this contract we aspire to implement projects, and I hope it will motivate and stimulate development in Libya.” [/restrict]

 
Tags: AECOMAmericaBusinesshousingHousing and Infrastructure BoardinfrastructureLibyaMinistry of HousingUS
Share6Tweet4Share1

Related Posts

Libyan Export Promotion Centre discusses with Italian Chamber export of olive oil, dates and tuna to Italy and Europe
Business

Libyan Export Promotion Centre to unify efforts to advance the fisheries sector

October 4, 2023
Refurbished Ubari airport reopened, receives first flight in four years
Business

Refurbished Ubari airport reopened, receives first flight in four years

October 4, 2023
Eastern Libyan government tours Derna’s Storm Daniel destroyed areas with Turkish construction companies
Business

Eastern Libyan government tours Derna’s Storm Daniel destroyed areas with Turkish construction companies

October 4, 2023
Libyan Iron and Steel achieves high HBI and DRI September production rates
Business

Libyan Iron and Steel achieves high HBI and DRI September production rates

October 4, 2023
State sectors in east to form unified e-window for speedier procedures
Business

Benghazi Municipality discusses with UAE’s Terminals Company Benghazi Airport infrastructure project

October 3, 2023
Eastern Libyan government meets Chinese solar company, discusses 1,500 MW solar energy project
Business

Eastern Libyan government meets Chinese solar company, discusses 1,500 MW solar energy project

October 3, 2023
Next Post
FBI to train Libyan investigators

FBI to train Libyan investigators

PM’s office pays tribute to Nelson Mandela; memorial ceremony in Tripoli on Tuesday

PM's office pays tribute to Nelson Mandela; memorial ceremony in Tripoli on Tuesday

 

Advertise on LibyaHerald

Reach thousands of our site visitors daily

240 x 400px

Advertise Here
ADVERTISEMENT

Top Stories

  • Direct flights from Tripoli to Rome to resume on Saturday

    Direct flights from Tripoli to Rome to resume on Saturday

    102 shares
    Share 43 Tweet 25
  • Qatar Civil Aviation to conduct Libyan airports inspection in October, signs MoU with Libyan counterpart

    60 shares
    Share 24 Tweet 15
  • Ministry of Oil concerned about negative effect of UN report on fuel smuggling on sector investment

    48 shares
    Share 19 Tweet 12
  • On the day of first direct Tripoli to Rome flight, MoU signed between Libyan Civil Aviation and its Italian counterpart

    48 shares
    Share 20 Tweet 12
  • Nafusah Oil Operations begins connecting fields to El-Feel pipeline – Mellitah complex to transport 10,000 barrels per day early 2024

    47 shares
    Share 19 Tweet 12
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Libyan Export Promotion Centre to unify efforts to advance the fisheries sector

Refurbished Ubari airport reopened, receives first flight in four years

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    No Result
    View All Result
    • Login
    • Sign Up
    • Cart
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Sign In with Facebook
    Sign In with Linked In
    OR

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Sign Up with Facebook
    Sign Up with Linked In
    OR

    Fill the forms bellow to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?