Malawi, Libya Set to Finalize Deal on Housing Loan

Published July 20th, 2000 - 02:00 GMT
Al Bawaba
Al Bawaba

Malawi and Libyan engineers have begun discussions on plans for a housing project that Libya has promised to finance, a Malawian official has said. 

Lucy Kapito of the state-run Malawi Housing Corporation told AFP Wednesday that four Libyan engineers were holding discussions for the construction of 2,900 houses, which the corporation will sell on to locals. 

Malawi President Bakili Muluzi said in March when he returned from a visit to Libya that Tripoli had agreed to accord a loan to Malawi to ease housing shortages in the country's four major cities. 

Malawi and Libya established full diplomatic relations last year. 

The size of the loan will be determined Friday, when the technical discussions end, Kapito said - BLANTYRE (AFP)  

 

© 2000 Al Bawaba (www.albawaba.com)

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