By Sami Zaptia.
London, 2 September 2019:
The Interim Government of eastern Libya signed an agreement on Friday with the Bank of Commerce and Development, Libya’s first and largest private bank, to finance and construct a passenger terminal at Benina International Airport, the Libyan state news agency LANA reported.
The agreement is a BOT (build, operate, transfer) model valid for 25 years, after which the bank returns the airport to the Libyan state.
The terminal will be of ‘‘full specifications and international standards’’ in a 2.5-hectare plot of land allocated to the bank by the eastern government within Benina International Airport.
According to the agreement, the bank limited the duration of the implementation of the project to 8 months from the date of signing the contract.
It will be recalled that the Bank of Commerce and Development established a new airliner last year, Berniq Aviation, which is expecting two Airbus A320 aircraft to enter service soon.