No Result
View All Result
Monday, July 14, 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

Malaysia’s Protasco to bid for new Libya projects

bySami Zaptia
April 15, 2014
Reading Time: 1 min read
A A

Tripoli, 15 April 2014.

Malaysian conglomerate Protasco expects to complete its remaining projects in Libya by the end of this . . .[restrict]year or beginning of 2015, and would bid for new projects, the Malaysian newspapers Star reports.

The construction and engineering services group managing director, Datuk Chong Ket Pen, had last Thursday reaffirmed Protasco’s decision to complete the projects in Libya.

In June 2013,  Chong was reported saying the company was restarting business in Libya at end-June after exiting the country in 2011. He had then said they had some RM 60-million (LD 23-million) worth of jobs from two contracts in Libya to be done.

Chong said Protasco would be bidding for more construction jobs in Libya.

RELATED POSTS

No Content Available

He said late last year, the company restarted its unfinished construction works in Libya worth about RM120 million (LD 46 million).

“We lost about RM 40 million (LD 15 million) in the past three years for our halted operations in Libya. Our machines are still there. We have been called back by the government as they have set aside the RM 120 million supposed to be paid to us.

“As the situation there is stable now, we are planning to undertake more projects. We are now negotiating for a RM 50 million (LD 19 million) bridge repair work,” he added.

Chong pointed out that Protasco’s operations in Libya had been profitable until the revolution interrupted its business.

[/restrict]

Tags: LIbya. MalaysiaProtasco

Related Posts

Libya Development and Reconstruction Fund signs contract with Turkey’s Ankamenia for maintenance of Benghazi University’s medical colleges
Business

Three health centres opened in Benghazi after maintenance and development

July 14, 2025
Libya to invest $140 billion in projects over the next decade
Business

Tripoli based Libyan government plans to complete 150,000 housing units by 2030

July 14, 2025
Libyan Railways Implementation Authority invites International Federation of Railways to participate in November workshop
Business

China to resume implementation of its stalled railways projects in Libya

July 14, 2025
Libya and Shell discuss several areas of cooperation
Business

Libya and Nigeria discuss gas projects, extension of export pipelines to Europe and high-level delegation visit to Tripoli

July 14, 2025
LAIP’s Ola Energy opens two new petrol stations in Tunisia
Business

LAIP’s OLA Energy reports sustained financial growth for 2024

July 14, 2025
CBL receives results from meetings with international banks
Business

CBL workshop on ‎”The Role of the Banking Sector in Revitalising Stalled Housing Projects and Urban Development”‎ to be held in Tripoli on 13 July

July 11, 2025
Next Post
Congress appoints new head of HNEC

Congress appoints new head of HNEC

Kidnappers demand prisoner release in exchange for Jordanian ambassador

ADVERTISEMENT

Top Stories

  • Libya Development and Reconstruction Fund signs contract with Turkey’s Ankamenia for maintenance of Benghazi University’s medical colleges

    Libya Development and Reconstruction Fund signs contract with Turkey’s Ankamenia for maintenance of Benghazi University’s medical colleges

    0 shares
    Share 0 Tweet 0
  • BP to reopen office in Libya, Shell discusses prospects for cooperation in oil field development‎

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

    0 shares
    Share 0 Tweet 0
  • Libyan olive oils win gold at Anatolian, Berlin and Japan 2025 international olive oil competitions

    0 shares
    Share 0 Tweet 0
  • Aldabaiba opens First Phase of Tripoli’s Third Ring Road

    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

Three health centres opened in Benghazi after maintenance and development

Tripoli based Libyan government plans to complete 150,000 housing units by 2030

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.