Works for our building companies in Libya - result of successful visit of Serbian business delegation

The fund that is at disposal of the Ministry of Capital Projects of Libya amounts to 34 billion USD in the next five years, and part of that money will be paid to our building companies. The agreement was reached on the occasion of the recent visit of our state-business delegation led by Miodrag Jocić, State Secretary of the Ministry of Infrastructure.

Memorandum of understanding was signed in Libya and both sides agreed that our companies should decide within two weeks whether they accept offered terms and prices. They are offered the exclusive right to sign contracts through direct agreement, without tender procedure. Our building companies would draw plans for 2,000 apartments and build them, while Serbian-Libyian companies would be engaged in construction of bridges and roads with related infrastructure.