Libya, Germany sign electricity agreement
A cooperation agreement in the field of electricity was signed recently in Tripoli between Libya and Germany, in the presence of the German Chancellor, Gerhard Schroeder, and the Secretary of the General people's Committee.
The agreement was signed for Libya's General Electricity Company.
The agreement which amounted LD277 million includes the establishment of a number of control centres for the Libyan electricity distribution network, and consolidating electricity services in Libya.
According to LJBC site, Libya and Germany also signed bilateral agreements to encourage Libyan investment in Germany and promoting and ensuring joint investments between the two countries. (menareport.com)
© 2004 Mena Report (www.menareport.com)