Libya | Infrastructure Projects | $30billion

moroccanboy · December 18th, 2007, 01:19 PM

Spanish construction group announces joint venture with Libya
17/12/2007

Spanish construction group BTP Sacyr Vallehermoso announced the creation of a joint venture with the Libyan government, AFP reported Sunday (December 16th). "Sacyr Vallehermoso and the State Libyan Company for development and investment have established a partnership for the development of infrastructure works in Libya," a Sacyr statement said, adding that the Libyan government plans to launch an infrastructure investment project totalling more than 50 billion euros. Sacyr holds 60% of the new company. The Libyan state holds the remainder. Plans emerged during Libyan leader Muammar Kadhafi's visit to Spain.

December 18th, 2007, 01:19 PM	#1
moroccanboy Registered User Join Date: Jan 2007 Location: Apeldoorn (Holland) Posts: 176 Likes (Received): 2	Libya \| Infrastructure Projects \| $30billion Spanish construction group announces joint venture with Libya 17/12/2007 Spanish construction group BTP Sacyr Vallehermoso announced the creation of a joint venture with the Libyan government, AFP reported Sunday (December 16th). "Sacyr Vallehermoso and the State Libyan Company for development and investment have established a partnership for the development of infrastructure works in Libya," a Sacyr statement said, adding that the Libyan government plans to launch an infrastructure investment project totalling more than 50 billion euros. Sacyr holds 60% of the new company. The Libyan state holds the remainder. Plans emerged during Libyan leader Muammar Kadhafi's visit to Spain. __________________ People should not be afraid of their governments, Governments should be afraid of their people

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