Libya’s Ministry of Investment has signed an agreement with Chinese, British, French, and German companies to reconstruct the country’s cities once the country’s 12-year-long civil war is over.
According to the Libya Herald, the agreement was signed between the Government of National Stability, based in the eastern city of Sirte and led by Fathi Bashagha, and the BFI Management Consortium.
A source at the Tripoli-based Libyan Railways told the Libya Herald that the agreement had no involvement from the Tripoli-based Aldabaiba regime.
BFI Management is led by China Railways and includes China Overseas Engineering Group, French engineer Alcatel-Lucent, British consulting engineer Arup, and German tunnelling specialist Herrenknecht.
BFI’s chairman Saleh Atia Ibrahim said on the consortium’s website that its job would be to rebuild transport, water and healthcare infrastructure.
“The Libyan people have aspirations for peace, tranquillity and mutual respect throughout their nation,” he said. “This post-conflict recovery project will underpin and stimulate the peace with economic activity, growth and development for their, and their Nation’s benefit.”