New pot of money for infrastructure and housing projects comes on top of 拢66bn announced in 2009
The Libyan government has announced it will spend 拢36bn on new infrastructure and housing projects under a plan to position itself as the 鈥済ateway to Africa鈥�.
The UK government-sponsored South East Centre for the Built Environment is holding a briefing for UK firms on how to break into Libya and details of the spending plans on 11 June.
The new pot of money comes on top of the 拢66bn it said in 2009 it would spend up until 2012 on infrastructure and housing.
A recent UK Trade & Investment study identified Libya as 鈥減otentially the fourth most attractive overseas market for UK exports by 2012-2014鈥�.
John Ellis, SECBE鈥檚 Business Development Director: 鈥淪kills such as design, project management, contracting and specialists in niche services are especially in demand. There is a strong Libyan desire to start manufacturing building materials locally too. We have already built up outstanding market intelligence and an excellent network of key contacts, to give companies a real inside track.鈥�
The SECBE seminar runs from 9.00am to 12.30pm on 11 June at the Arab British Chamber of Commerce in London and costs 拢75 plus VAT. To book a place, contact Tina McGeachan on Tina@secbe.org.uk or call 0118 920 7204.
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