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

  • STRABAG wins Austria highway widening deal
    October 6, 2016
    STRABAG will handle the contract to widen Austria’s A1 highway in Austria between Matzleinsdorf and Pöchlarn. The €22 million contract involves widening to three lanes and has a scheduled completion date of May 2018. The contract also includes widening eight bridges along the 5.1km section. Construction work is now underway on the project.
  • Mozambique receives road funding
    February 16, 2012
    Mozambique's necessary infrastructure work will receive a boost from foreign loans.
  • Despite earlier contractor issues, road projects in Bosnia are proceeding on track
    May 16, 2012
    Key road construction projects are now moving forward in Bosnia with work on-track for the Sarajevo ringroad as well as the Corridor Vc highway. Construction of a 130km section of the Corridor Vc highway should be complete by 2014 according to Bosnia's Ministry of Transport and Telecoms. Work on the first section of the Sarajevo ringroad should be completed within five months, following the signing of an agreement worth €17 million between the Austrian firm Strabag and the Bosnian company HP Investing. The
  • Colombian highway projects under development
    June 29, 2018
    A finance package has been secured in Colombia for the Autopista al Mar 1 highway project. A loan worth close to US$206 million is being provided by the national development bank, Financiera de Desarrollo Nacional (FDN). The highway forms part of Colombia’s 4G infrastructure development plan and the finance package will be provided in three separate tranches. The construction work is being carried out by a consortium comprising Strabag, Concay and Sacyr Concesiones. The project will upgrade the 71km