Strabag to Return to Libya

IndustrialsConstruction ♦ Published: February 23, 2013; 15:57 ♦ (Vindobona)

Because of the war in 2011, the Austrian construction group withdrew from Libya. In total, 1,500 workers were employed in Libya.

Strabag to Return to Libya / Picture: © Wikimedia Commons / The Communist International (based on an artwork by Boris Kustodiev, d. 1927) [Creative Commons CC0 1.0 Universal Public Domain Dedication]

Strabag wants to go back to Libya this year. At the moment, the construction group has talks with the Libyan government. In 2011, Strabag´s order stock in Libya came at € 350m. Because of the ongoing reconstruction works, the Strabag´s management expects a substantial order inflow. For Strabag, the Arab region is one of the most important markets. The annual turnover totals € 300m…