Libyan-Italian Ministers Discuss Re-activating Suspended Infrastructure Projects and Restoring Flights Between Two Countries.
Pulbished on:
Rome, 1 June 2016(Lana) The Libyan Minister of Transport Milad
Ma'toug discussed here on Tuesday with the Italian Minister of
Transport and Infrastructure reactivating a cooperation agreement
signed by the two countries, especially the construction of coastal
road linking the west of the country to the east, which was part of
the Friendship treaty signed under the former regime. The meeting
also dealt with restoring suspended flights between the two
countries.
The Friendship treaty which the two countries signed back in
2008, provided for Italy promising to invest $5 billion in
infrastructure projects over 20 years including infrastructure
projects as part of reparations for the Italian colonial rule of
Libya.
In implementation of the treaty the two sides have set up a 5
member joint technical committee, which was entrusted to determine
the technical aspects of the treaty, the timetable for execution of
the projects and the follow up business.
As part of the treaty the two sides have agreed to allocate $5
billion 3.6 billion Euros to execute the 1720km coastal highway which
was divided into 4 phases, the first section Emsa'ed -Al Marj 400km,
the second Al Marj-Al Breiga 400km, the third Al Breiga -Misrata
525km and the last Misrata-ras Jdeir 539km.
Work on the project was suspended in mid 2014.
=Lana=