ACC opens Libya office targeting $1bn in projects
Arab Contractors gets a foot in Tripoli to reap benefit from rebuild
Arab Contractors Company has bid for projects in Libya at a value amounting to $1bn through its recently-opened office in Tripoli, said its deputy chairman.
The Cairo-based, state-owned firm opened an office in Tripoli in July both to speed up the completion of projects acquired before a February 2011 revolution and to compete new projects arising from the reconstruction boom.
“Libya affords wide investment opportunities in contracting, construction and hotels and to participate in a number of projects related to the reconstruction of Libya,” Arab Contractors' deputy chairman Effat Abdullah told Zawya.
Arab Contractors is bidding for projects that include bridges and infrastructure, bridges, pipe installation, refining stations, ports, realty and general contracting, said Abdullah.