Austrian firm to get busy in Libya
An Austrian company has been contracted to get one of Libyas most ambitious infrastructure projects back on track.Austrian Rail Engineering was assigned by the Libyan government to oversee and manage construction of hundreds of kilometres of motorways and railroads. Work started in 2006 but various problems slowed down its progress recently, according to a report by Austrian newspaper Kurier.Libyan leader Muammar al-Gaddafi decided four years ago to spend 20 billion Euros on modernising the country in a bid to make it a more attractive location for foreign investors.David Bachmann, Austrias trade commissioner in Libya, said today (Fri): “This is the biggest railway project in the world at the moment apart from activities in China.”
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