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