Zintan city inches away from signing 42 projects with Italian companies

  • Libyan Express |
  • Monday 27 June 2016

meeting-between-the-municipal-council-and-the-council-gharyan-with-a-al-bulda-of-zintan-under-the-auspices-of-the-general-secretariat-of-the-council-delegation-hyuh-libya-1

The Libyan city of Zintan, 136km southwestern Tripoli, is in the final stages of signing 42 infrastructure projects with a group of more than 40 Italian companies.

The Italian newspaper, Verona, reported that the initial contracts between the city and the Italian companies were signed in Tunisia after a number of meeting that were held in Italy, pointing out that Zintan requested the projects be done away from the Government of National Accord.

Verona also reported that the money that Zintan is supposed to pay for the projects with would probably be from the Libyan frozen assets, which are worth 13 billion dollars, 7 of which to be officially released very soon.

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