Nihal ZarougTRIPOLI – The Third International Building and Construction Exhibition organized by Turkish Senoexpo and Libyan Saker Expo, will be held at the Tripoli International Fair Ground from 24 to 27 September. 120 companies are billed to attend, from 14 different countries. Turkey will once again have the largest presence at the fair, accounting for around half of all the companies in attendance. According to the organisers of the event, reconstruction over the next ten years has been assessed to amount up to $480 billion, making Libya the place to be for construction companies. They also expect that once Libya is more politically stable, the service and construction industry, which currently accounts for around 20 percent of GDP, will grow and represent a greater share of the GDP. Some contracts in education, hospitals and road construction have already been awarded due to their urgency but were short-term agreements. However, they caution that contract awarding for major projects will be done through recently elected bodies, and this may take some time but should not be a deterrent to doing business in Libya. – Libya Herald
