POTENTIAL INFRA BOOM A picture taken on Aug. 13, 2021, shows an unfinished hotel, after its construction was halted in 2011, in the Libyan capital Tripoli. AFP PHOTOTripoli, Libya: A decade after Libya descended into chaos, a host of countries are eyeing potential multi-billion-dollar infrastructure projects in the oil-rich nation if stability is assured. After Kadhafi's overthrow, Libya fell under the control of a complex, ever-shifting patchwork of militias and foreign mercenaries backing rival administrations. Courted by business teamsThe new administration has been courted by Western and regional leaders who have visited Libya with large business delegations in tow. In May, Dbeibah, an engineer and businessman, visited Rome and agreed with his Italian counterpart Mario Draghi to expand collaboration on energy projects.

Source: Manila Times August 15, 2021 11:37 UTC