$50 billion government funding to rebuild Libya after the catastrophe of war
Cost of reconstruction projects in Libya estimated at $50 billion
Dbeibeh’s remarks came during a cabinet meeting in the capital Tripoli.
“The government will establish funds for rebuilding cities damaged by the war such as Benghazi, Tripoli and Sirte,” he said, without giving further details.
There are no official estimates of the cost of the reconstruction projects needed in Libya. However, Mohammad Raied, the head of Libya’s General Federation of Chambers of Commerce and Industry, estimated the cost of these projects at around $50 billion.
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