September 2010 Highlight

Libya’s development plan amounted 130 billion dollars

Resources from GPC announced that 2283 contracts for 1948 projects are included in the Libyan national development program which amounted 130 billion dollars equivalent to 137.7 billion dinars.
39.433 billion dinars were spent in 2009 on executed projects; and projects under construction are estimated to be 98.287 billion dinars.
73.955 billion dollars will be allocated for execution of projects during the next 3 years and execution of most of the projects will be completed in 2012.
Projects after 2012 related to sectors of electricity, railways and services will be for 24,332 billion dinars.  
Amount allocated for housing project is 78.2 billion dinars for execution of 1430 projects.
Remaining financial obligation amounted 64.43 billion dinars in addition to projects of electricity sector which amounted to 15.9 billion dinars.
Total value of railways projects amounted 9.711 billion dinars and communication sector projects are estimated for 13,948 billion dinars including construction of airports, sea ports, roads and bridges.
The Libyan national council during its meeting at the end of 2009 approved the budgets for 2010, 2011 and 2012 for 85 billion dinars which is allocated as follows: 34.29 billions for 2010, 27.7 billion for 2011 and 29.9 billions for 2012.

2010-02-07

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2010-09-07 Etihad launches Airbus freighter service to Tripoli (70)
2010-09-07 OPEC daily basket price (37)
2010-09-06 Etihad commences A330-200 Freighter Aircraft Services (102)
2010-09-05 HRW commends Libya for new nationality law (190)
2010-09-05 Libyan Economic Fund to be dissolved (154)
2010-09-05 OPEC daily basket price (57)
2010-09-05 Generali chairman says Libya "best shareholder" (80)
2010-09-05 Italy: Libya’s 1,700 km Road Attracts 20 Offers (116)
2010-09-02 OPEC daily basket price (81)
2010-09-02 Libya forecasts non-hydrocarbon growth (115)
2010-08-31 OPEC daily basket price on Monday (75)
2010-08-31 Libya to See $25 Billion from ENI (189)
2010-08-31 Libya Offers Itself as Oasis for Overseas Investment (157)
2010-08-30 OPEC daily basket price (73)
2010-08-30 Afriqiyah Hosts AFRAA Meeting in Tripoli (90)
2010-08-29 Ghanem: OPEC Won't Act Next Meeting (96)
2010-08-29 LISCO increases flat steel production, sales in H1 (114)
2010-08-29 Air France may restart Libya flights (173)
2010-08-28 Eni Still Plans to Invest $25 Billion in Libya Over 10 Years (254)
2010-08-26 Italian firm to build Libya coastal highway (393)
2010-08-26 Libya's apex bank increases Foreign Bank's capital (131)
2010-08-26 Libya 1,700 km road attracts 20 offers (180)
2010-08-26 Libyan Business Reps Mull Stozice Investment (123)
2010-08-26 OPEC daily basket price on Wednesday (53)
2010-08-25 Opec to invest $40b in refineries (152)
2010-08-25 Libya to Provide Grenada with $1.9M Grant (97)
2010-08-25 OPEC daily basket price (70)
2010-08-25 Libya 1,700 km road attracts 20 offers. (147)
2010-08-25 Afriqiyah Hosts AFRAA Meeting in Tripoli. (87)
2010-08-25 Egypt and Libya join in $100 million real estate venture. (92)
2010-08-24 National Libyan Commercial Bank to enlist on bourse on Sunday. (92)
2010-08-24 Libyan stock market closes up by 20.55 points (86)
2010-08-24 Aspects of cooperation between Libya & Zimbabwe (82)
2010-08-24 National Libyan Commercial Bank to enlist on bourse on Sunday (50)
2010-08-24 Libya to Establish $100M Niger Investment Fund (73)
2010-08-24 OPEC ups 2010 world oil demand growth to 1.2% (58)
2010-08-24 Waha Wildcat Pays-off in Sirte Basin. (92)
2010-08-23 OPEC daily basket price stood at $71.78 a barrel (42)
2010-08-23 Daewoo wins major Libyan power plant project. (165)
2010-08-23 Libya to Provide Grenada with $1.9M Grant. (92)