Hungarian construction company, Nemzetkozi Vegyépszer Zrt has won a tender of HUF 80 billion (EUR 300 million) contract to build infrastructure and public facilities in Libya.
Vegyépszer Zrt will build 600 kilometers of sewer pipes, 450 kilometers of water lines, 600,000 square meters of pavement and construct public lighting along 400 kilometers of roads commencing in the spring and finishing within 40 months. The size of the contract, which depends on the exchange rate of Libya's currency, is the biggest foreign tender won by a Hungarian company in decades, Vegyépszer noted. Talks are underway on expanding its current contract, Vegyépszer added.
The company will employ around 100 Hungarian workers during the peak period of construction in Libya.
