No Result
View All Result
Monday, December 15, 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

US$ 111 bn cost of Libya’s reconstruction over next 10 years

bySami Zaptia
September 11, 2021
Reading Time: 1 min read
A A

By Sami Zaptia.

(GNU).

London, 11 September 2021:

Libya’s State Minister for Economic Affairs, Salama Al-Ghwel, expected that the value of the financing required for the reconstruction of Libya would reach about 500 billion dinars (equivalent to 111 billion dollars) during the next ten years.

Speaking to Bloomberg (Arabic service), Al-Ghwel, said that the main sources of funding for the reconstruction of the country would be the state, in addition to development partners from international institutions, as well as the private sector.

Al-Ghwael stressed that the Libyan government is determined to benefit from global experiences in the field of reconstruction, and to include important countries with pioneering experiences, noting that the Egyptian experience is in the mind of the Libyan government in order to achieve development.

RELATED POSTS

Eastern Libya signs MoU to construct its section of the Egypt – Libya – Chad Transit Road Project

Libyan Railroads signs MoU with Chinese BFI Consortium for rail line to Egypt

Tags: Egyptfeaturedreconstructionsalama ghwel State Minister for Economic Affairs

Related Posts

‘‘U.S. experts’’ visit Sirte’s single pivot agricultural irrigation circles – 87 irrigation circles will be restarted in 2025
Business

U.S. company Farm Tech meets NDA in Benghazi to discuss 1,000 pivot irrigation project to bolster Libya’s food security

December 14, 2025
Electronic Tracking system for imported goods goes into operation
Business

Libyan Customs thwart two attempts to smuggle foreign currency at Tripoli’s Mitiga airport

December 14, 2025
Benghazi Chamber participates in workshop on the blue economy
Business

Benghazi Chamber of Commerce participates in Cairo international event on Blue Economy

December 14, 2025
Non-oil revenues registered LD 2.14 bn in 2022 – up 0.56 bn on 2021 figures: Tax Authority
Business

Tax Authority launches Unified Tax System and activation of Tax Police’s role – recent high revenue collection rates commended

December 14, 2025
REAoL makes 500 MW Ghadames solar project site inspection
Business

REAoL holds meeting with EU Commission – support in technical consultations, studies, training and qualification of specialized cadres offered

December 13, 2025
Economy Minister Hwej reviews his ministry’s implementation of its 2023 plan and issues several directives
Business

Libyan companies participate in second African Continental Free Trade Area (AfCFTA) Business Forum in Morocco

December 13, 2025
Next Post
New one million annual ton cement factory to be constructed near Tobruk

New one million annual ton cement factory to be constructed near Tobruk

LBC-USAID third focus group on improving Libya’s business environment held in Tripoli

libyaherald-Ads

Top Stories

  • NOC announces force majeure at Zawia port

    BP celebrates the reopening of its Tripoli office: NOC

    0 shares
    Share 0 Tweet 0
  • Libyan banks cannot give loans without proper collateral and regulations that allow for recourse in case of default: Tadawul Tech Chairman Naaman Elbouri

    0 shares
    Share 0 Tweet 0
  • Housing and Construction Ministry discusses partnership with China’s CSCEC for infrastructure and housing projects

    0 shares
    Share 0 Tweet 0
  • Banking Forum in Tunis Concludes with Strong Calls for Monetary Discipline, Exchange Rate Policy Reform, and Structural Financial Overhaul

    0 shares
    Share 0 Tweet 0
  • Tripoli government meets World Bank delegation – government’s vision for economic and financial recovery and improving Libya’s “Business Readiness” index discussed

    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

Wanted criminal militiaman Ahmed Omar Al-Fetouri Al-Dabashi, nicknamed “Al-Amu,” killed in counter security operation

U.S. company Farm Tech meets NDA in Benghazi to discuss 1,000 pivot irrigation project to bolster Libya’s food security

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.