Turkish firms to talk to Libya rebels over completed projects payment

Official said Thursday that negotiations would begin after the Ramadan Feast so that Libya would pay 1.4 billion USD to 139 Turkish companies for completed works.

Turkish firms to talk to Libya rebels over completed projects payment

Chairman of the Turkish-Libyan Business Council, Huseyin Ersin Takla, said Thursday that negotiations would begin after the Ramadan Feast so that Libya would pay 1.4 billion USD to 139 Turkish companies for completed works.

Speaking to the AA, Takla said that 139 Turkish companies were involved in 370 projects in Libya and they employed around 250,000 workers.

Turkish companies were involved in Libyan projects worth 200 million USD between 1972 and 1980. In the next six years, the business volume of Turkish companies rose to 450 billion USD. In the last four years, the business volume dropped to 1.4 billion USD. Turkish companies are presently waiting to get paid 1.4 billion USD for completed works in Libya, Takla stressed.

"Once the Ramadan Feast is over, the National Transitional Council of Libya and Turkish companies would hold talks on the payment due to the Turkish companies. The Turkish contractors' projects in Libya are worth 18 billion USD", Takla said.

Pointing out that Turkish companies wished to continue working in Libya, Takla said that the Turkish businesses wanted two things in Libya. "Firstly, Turkish companies want safe working conditions. And, secondly, they want to get paid for works completed", Takla also said.

Meanwhile, the President of the Executive Board of Turkish Union of Contractors (TMB), Emin Sazak, said that "while we do not expect highly important developments in Libya in the short term, we are more hopeful today than we were a month ago".

I believe that, once things go into order in Libya, the projects assumed by Turkish businesspeople in Libya would increase, Sazak also said.

AA

Last Mod: 25 Ağustos 2011, 14:12
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