No Result
View All Result
Tuesday, July 8, 2025
23 °c
Tripoli
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

30,000 housing units and 131 local contracts activated – Minister of Housing

bySami Zaptia
January 13, 2014
Reading Time: 2 mins read
A A
30,000 housing units and 131 local contracts activated – Minister of Housing

The Minister of Housing Ali Sherief defending his department's performance since coming to office (Photo:Government FB page)

By Sami Zaptia.      

The Minister of Housing Ali Sherief defending his department's performance since coming to office (Photo:Government FB page)
The Minister of Housing Ali Sherief defending his department’s performance since coming to office (Photo:Government FB page)

Tripoli, 13 January 2014:

The Minister of Housing and Utilities Ali Sherief said that his Ministry has had to . . .[restrict]deal with important matters over the year, including compensation for war-damaged buildings, housing and urban planning projects  and housing bottlenecks.

The Minister was speaking last Wednesday (8th January) during the Zeidan government’s annual roundup press conference.

Sherief said that his department has signed contracts to deal with overcrowding and urban planning. Through a central committee it had reviewed over 40,000 housing units totaling in value LD 1.88 billion . We have achieved more than 50 per cent, he concluded.

RELATED POSTS

PM urges acceleration of work on Tripoli’s pivotal urban projects

National Development Agency signs contract with Egypt’s Ark Company for construction of bridge, road and port projects

With regards to payments, these will start to be made and assessments will take place and the balance of payment will be made, with more or less payments to be follow according to the final phase.

On the issue of the bottlenecks specific to local councils and cities, the procedure, Minister Sherief explained, was that local councils would present their bottlenecks and costed proposals.  Based on that process, 610 contracts were arrived at for roads and water projects with 380 contracts activated with a value of LD 234 million .

For urgent water supply needs the Ministry has signed 54 contracts for a value of LD 58 million across all the country. For normal water supply work it has signed 134 contracts totaling LD 430 million. Subject to the availability of finance, Libyan citizens will note the effect of these projects, the Minister added.

With regards to housing and utilities projects, these took the longest to activate due to the large number of Libyan contractors, Sherief explained. These involved 30,000 housing units with 131 contracts for infrastructure, some of which are completion projects and some are newly activated projects.

On the issue of compensation, the Minister was brief, saying that “compensation will take time”.

In concluding, Minister Sherief said that many projects had started all over Libya. The ministry had also started newly planned projects within the urban plan as a form of its contribution to hastening real estate development. It had also made an agreement with Gumhuriya bank in support of these agreements and for the financing of the rest of the projects that the ministry is on the verge of executing, he explained.

In view of the fact that during the week of this press conference the government was subject to a vote of no-confidence by the GNC, and this was a defence of the government’s record since coming to office, the Minister however, did not take any questions at the end of the press conference to allow for scrutiny of his record. [/restrict]

Tags: Ali SheriefcontractsinfrastructureMinister of Housing and Utilitiesprojectswater

Related Posts

CBL receives results from meetings with international banks
Business

A 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL ‎

July 2, 2025
Libya Herald exclusive: Responding to the prime minister’s call yesterday to the private sector and banks to do more, leading businessman Husni Bey responds
Business

Op-Ed: Reputational Damage Is Worse Than Losing Money

July 2, 2025
Benghazi port receives 398 containers of mixed goods, 25,000 tons of wheat, 28,500 tons of barley and 6,000 tons of cement
Business

All imports into Libya must be paid for through official bank transactions

July 2, 2025
World Bank holds off on Tunisian $50m power plant fund; implications for Libya
Business

Libya’s economy showed recovery in 2024, remained resilient despite reliance on hydrocarbons and ongoing political and security instability: World Bank

July 1, 2025
CBL receives results from meetings with international banks
Business

CBL demands imports are conducted through official banking instruments and the elimination of the FX black market

July 1, 2025
Harouge Oil reaches record 45,000 bpd production – to increase it by 25,000 bpd
Business

Harouge Oil Operations Company replaces Al-Ghani field pipeline

July 1, 2025
Next Post

Young Tripoli footballers to train with top Spanish club

World War II body found at Tobruk

ADVERTISEMENT

Top Stories

  • Libya Herald exclusive: Responding to the prime minister’s call yesterday to the private sector and banks to do more, leading businessman Husni Bey responds

    Op-Ed: Reputational Damage Is Worse Than Losing Money

    0 shares
    Share 0 Tweet 0
  • All imports into Libya must be paid for through official bank transactions

    0 shares
    Share 0 Tweet 0
  • A 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL ‎

    0 shares
    Share 0 Tweet 0
  • CBL demands imports are conducted through official banking instruments and the elimination of the FX black market

    0 shares
    Share 0 Tweet 0
  • Libya’s economy showed recovery in 2024, remained resilient despite reliance on hydrocarbons and ongoing political and security instability: World Bank

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
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

A 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL ‎

Op-Ed: Reputational Damage Is Worse Than Losing Money

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.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

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

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.