Italcementi in Libya cement plant deal
Tripoli, August 23, 2008
Italian public works and construction giant Italcementi has signed a contract with Libya to build a cement plant in tieup with the Libyan Mining Company, said a report.
The plant to be built in the Tobruk region of northeast Libya will have an annual production of four million tonnes of black cement and half a million tonnes of white cement, the Libyan company said on Friday.
The deal was signed on Wednesday, it said without giving a cost for the contract. The North African state aims to triple cement production, which is estimated at four million tonnes annually, to meet a nationwide construction boom, the report added.