Libya’s Tripoli based Ministry of Transport reported yesterday that it has completed negotiations with an Italian company to implement parts of the Egypt to Tunisia Coastal Motorway.
It reported that its negotiation team was able to complete the negotiation phase with one of the Italian companies that submitted its offer to implement two parts of the fourth sector (Misrata – Ras Ajdir), with, it claimed, a reduction in the prices offered by the company exceeding 300 million euros.
It said permission will be requested through the Minister of Transportation from the Prime Minister to sign the contract.