Skip to main content

Libyan deal for STRABAG

A consortium headed by STRABAG will handle a highway contract in Libya worth €104 million.
February 23, 2012 Read time: 1 min
A consortium headed by 945 Strabag will handle a highway contract in Libya worth €104 million. The project is for the upgrade of the coastal highway between Ras Ejdir and Garaboulli in Libya, as well as the construction of the Tripoli Western Access. In total, 103km of dual-carriage and 97km of single-carriage roadway will be built. Work is already underway and is due for completion in June 2013. STRABAG's share is some 60% of the deal, around €62 million, with the rest split with its local partner.

For more information on companies in this article

Related Content

  • Pan Borneo Highway construction contracts clinched
    August 1, 2016
    Lebuhraya Borneo Utara, the project delivery partner for Malaysia’s Pan Borneo Highway project, has awarded a US$317.5 million contract to a joint venture of local Sarawak state firms. The 70:30 partnership of KKB and WCT will rehabilitate and upgrade the Sungai Arip Bridge-Bintulu Airport Junction section of the highway. Piling works, earthworks, geotechnical, drainage, roads, pavings, as well as demolition and site clearance are all part of the contract, said WCT. Work is expected to take four years an
  • Road widening project to go ahead in Costa Rica
    November 2, 2018
    An important road widening project is to go ahead in Costa Rica, part of a wider plan to upgrade the important Highway 1 route between Canas and Barranca. This contract will see the improvement of the 25km road connecting San Gerardo de Chomes and Barrancas, with work due to start in early 2019. The project is costing US$103.4 million and the package of works was awarded to the Chinese contractor, Power Construction Corporation of China. The contract is one of three to upgrade the 70km stretch of the import
  • Contractor Strabag reports strong performance
    April 30, 2013
    Austrian contractor STRABAG reports healthy earnings before interest and taxes (EBIT) of €207 million in 2012. This figure beats the firm’s own expectations and the expectations of the market. Net income after minorities stood at €61 million, showing an expected considerable decrease of 66.67% compared to the year before. “An output volume of €14 billion in 2012 – that’s nothing to complain about. With €13.2 billion, the end-of-the-year order backlog is also nearly exactly at the pre-crisis level of 2008, s
  • Kenya moves ahead with double-decker road to address costly city traffic jams
    December 11, 2013
    New double deck roads could cut congestion in Kenyan capital Nairobi – Shem Oirere reports Arapid increase in urban population and diminishing land for infrastructure expansion has forced Kenya to devise ways of addressing the worsening human and vehicular traffic problems in its capital Nairobi. The country national highways agency recently announced progress in the planned construction of the country’s first double-decker highway.