GECOL to establish PPP factories for electric metres, transformers and cables with local and foreign partners

By Sami Zaptia.

GECOL head Wiam Alabdali said his entity was considering PPP with local and foreign investors to establish factories for electric metres, transformers and cables (Photo: From archives by Sami Zaptia).

Tripoli, 30 January 2022:

The state monopoly General Electricity Company of Libya (GECOL) said it is to establish factories through Public Private Partnership (PPP) ventures with local and foreign investors for electric metres, transformers, and cables.

The news was revealed by GECOL chairman Wiam Al Abdali last Sunday after a meeting with the Privatisation and Investment Board (PIB). The projects revealed by Al-Abdali would be conducted through the tax advantages schemes offered by the PIB to investors.

NOC Chairman affirms partnership with private sector is a cornerstone of developing oil industry

Solar PV training for 14 REAoL and GECOL technicians held in Tunisia

PIB makes progress in energy generation investment by private sector – licenses first 200 MW solar investment project | (libyaherald.com)

GECOL to establish PPP factories for electric metres, transformers and cables with local and foreign partners

NOC Chairman affirms partnership with private sector is a cornerstone of developing oil industry

Solar PV training for 14 REAoL and GECOL technicians held in Tunisia

Related Posts

Tripoli Chamber of Commerce calls for urgent meeting today to discuss Libya’s spiralling economic crisis

IOM Libya and UK government provide equipment to Benghazi’s Benina airport to help counter-trafficking operations

Akakus completes successful horizontal drilling of well M23 H producing 3,000 barrels per day

Tax Authority 2025 revenues achieve nearly LD 4 billion – the highest ever

State’s final fiscal accounts for 2016-2020 completed and referred to ACA

HSC’s proposals to reform Libya’s economy include abolishing proposed taxes, suspending development spending, prioritising imports, monitoring LCs

Libya calls on the international community to support its security and financial stability by lifting the freeze on funds abroad and helping to build the service sector

Morocco delegation visits Tripoli in preparation for reopening consulate after eight-year closure

Top Stories

Aldabaiba refutes Italian media reports of another health setback – says he was having a routine checkup coinciding with a Milan visit

Newly created Libyan United Airlines reveals logo – stresses it is a privately owned airline

As the dollar breaks the LD 10.50 mark, Aldabaiba attempts to deflect blame squarely onto Hafter for Libya’s runaway economic crisis

Aldabaiba calls on CBL Governor to halt all 2026 project spending across Libya – until the newly US-brokered unified spending agreement is adhered to

Tripoli Libyan government rejects new import taxes, blames dinar collapse on Hafter’s parallel spending outside approved budget

Recent News

Demonstrations continue in Zawia for the second day in a row against all incumbent political entities as standards of living continue to diminish

Tripoli Chamber of Commerce calls for urgent meeting today to discuss Libya’s spiralling economic crisis

Sitemap

Newsletters

Welcome Back!

Create New Account!

Retrieve your password

GECOL to establish PPP factories for electric metres, transformers and cables with local and foreign partners

RELATED POSTS

Related Posts

Top Stories

Recent News

Sitemap

Newsletters

Welcome Back!

Create New Account!

Retrieve your password