South Korean firms resume work in Libya to boost electric power sector

South Korean ambassador to Libya in a presser with the deputy head of the Presidential Council Ahmed Mitig and the Chairman of the GECOL Ali Sasi. (Photo: GNA media)

In a joint presser for the Government of National Accord represented by the Presidential Council’s deputy head, Ahmed Mitig, and the South Korean ambassador to Libya, Kim Young-Chae as well as the Chairman of the General Electricity Company of Libya (GECOL) Ali Sasi, the S.Korean companies’ representatives said they are going to return to resume work in Libya in the power sector.

The presser on Wednesday saw Sasi taking about the fact that the S.Korean firms have $4 billion worth projects’ contracts with Libya and all those projects are suspended.

“We are going to resume the contracts and we are here to put a plan for the return of the S.Korean firms and workforce to Libya.” Young-Chae said.

Mitig said that among the contracts are projects for the power sector to build new power plants in Libya so that no more electricity outages and load shedding take place in the future.

GECOL’s Chairman Sasi said that the contracts are for Zueitina (250 megawatts) , West Tripoli (1400 megawatts) and Khalij Sirte (1400 megawatts)

“We have taken all the needed measures for the return of the S.Korean companies to work in Libya.” Sasi added.

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