LIBYA: IMPREGILO, NEW CONTRACTS WORTH 360 MLN EUROS

(ANSAmed) - MILAN - Impregilo, through its joint venture
Impregilo Lidco, in which the Italian group has a 60% stake
(the rest is in the hands of the Libyan Development
Investment Co), has signed contracts in Libya with a total
value of 360 million euros. The contracts commit Impregilo to
planning and building infrastructure and carry out
urbanisation work in the cities of Tripoli and Misurata.
The company will take care of the reconstruction of public
services relating to electricity, sewers, telephone and water
networks in the two cities. The new contracts which were
finalised by the Libyan Ministry for Housing and
Infrastructural Works come on the back of contracts worth
about 400 million euros for the planning and building of
three new university centres, strengthening Impregilo's
presence in Libya. Impregilo has been operating in Libya for
over 20 years. A statement reports on various projects
carried out by the group including the airports of Kufra,
Benina, Misurata, El Wotia and Sirt, the ports of Ras Lanuf,
Benghazi and Homs, the central ministries and buildings of
the Libyan parliament in Sirt, and the industrial complexes
in the cities of Ras Lanuf and Misurata. (ANSAmed).