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FINANCIAL NEWS
Libya awards USD1.3b highway contract to Salini Impregilo consortia
13 Aug 2013
(MENAFN) Libya has awarded USD1.29 billion contract to a consortium led by Salini Impregilo Group to build part of a new coastal highway in the North African country, Reuters reported.
The entire highway will run across Libya for 1,700 km between the Tunisian and Egyptian borders.
The contract is part of an accord signed between the governments of Italy and Libya in 2008 and will be funded by the Italian government.
Impregilo and Salini are completing a tie-up to create a global construction player focused on large civil engineering projects from roads to hydroelectric dams in over 60 countries, including the Middle East, the Americas and Australia.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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