Hungarian Firm Wins $406 Million USD Infrastructure Tender in Libya

24 Mar 2010 by Local Press Report

Hungarian construction company Nemzetkozi Vegyepszer won a $406 million USD tender to build infrastructure and public facilities in Libya. The company will lay 600 kilometers of sewer pipe and 450 kilometers of water lines, as well as 600,000 square meters of pavement and lighting along 400 kilometers of roads. Work will start this spring and finish within 40 months. It is the biggest foreign contract won by a Hungarian company in decades, according to Vegyepszer. The company could win new contracts from Libya that would double its work volume in the country, and it is holding talks to expand its current contract, it said...

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