RZD plans to resume implementation of rail project in Libya
Published: Tue, 2014-11-11 13:59Russian RZD is considering resuming implementation of the project for the building of a railway line in Libya and is looking for ways to compensate the company’s losses, caused by the recent war conflict in this country, according to Alexander Saltanov, RZD’s vice president.
RZD was involved in the construction of the Sirt-Benghazi high-speed railway line in Libya in early 2011. The amount of the contract estimated at 2.2 billion euros, however, due to unrest in the country, all the works were suspended.
According to Alexander Saltanov, RZD is currently conducting talks with the Libyan government for resuming the project, however their results are not disclosed.