No Result
View All Result
Sunday, June 26, 2022
31 °c
Tripoli
31 ° Mon
32 ° Tue
31 ° Wed
32 ° Thu
  • Advertising
  • Contact
LibyaHerald
 
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Turkish company agrees to return to work on stalled Tripoli University project after settlement with Audit Bureau

bySami Zaptia
September 30, 2021
Reading Time: 2 mins read
A A
Turkish company agrees to return to work on stalled Tripoli University project after settlement with Audit Bureau

An unnamed Turkish company has agreed to resume its stalled Tripoli University project the Audit Bureau reported yesterday (Photo: Guris).

15
SHARES
67
VIEWS
Share on FacebookShare on Twitter

By Sami Zaptia.

An unnamed Turkish company has agreed to resume its stalled Tripoli University project the Audit Bureau reported yesterday (Photo: Guris).

London, 30 September 2021:

Libya’s Audit Bureau reported yesterday that a Turkish company has agreed to return to the country immediately to resume its Tripoli University project after reaching a ‘‘settlement’’ with the Audit Bureau. The company was not named and no further details were revealed of the type of contractual settlement reached.

The settlement was reached on 28 and 29 September during meetings held at the Libyan Consulate in Istanbul by Audit Bureau head Khaled Shakshak with several Turkish companies contracted to work on Tripoli University projects. The meetings included the committee in charge of negotiations and various other relevant stakeholders.

At the meetings, Shakshak stressed the need for the contracting parties to bear the responsibilities entrusted to them, bearing in mind that the causes of projects stalling were beyond everyone’s control. He said the matter required dealing in a realistic way to ensure the completion of the remaining work in record time and to spare the two parties the burdens of alternative costs.

RELATED POSTS

Tripoli University reactivates Huawei cooperation agreement, including setting up Huawei academy

Misrata Free Zone signs contract with Turkey’s Med Marine to supply two pilot boats and one tugboat

The Audit Bureau said the procedures came in the framework of the implementation of its competencies in approving contracts and following up on payments and sensing the importance of returning the wheel of construction and development in Libya.

The Istanbul meetings also follow on from the follow-up by Shakshak on the suspended projects at the University of Tripoli, which he carried out on August 30. At that meeting, the reasons for the failure of projects in the university were identified, including the rejection of foreign companies returning to complete their work due to financial and technical problems resulting from the period related to the hiatus of implementation.

Shakshak also stressed the need for the rest of the local and foreign companies contracting with the Libyan state to follow in the footsteps of these companies to form a real partnership with the government, which guaranteed a large part of the budget to finance Tripoli University projects in particular, and which is a real opportunity to achieve effective development that serves the community and serves everyone’s interest.

Tags: contracts projectsfeaturedKhaled Shakshak Tripoli Audit Bureaustalled projectsTripoli universityTurkey Turkish
Share6Tweet4Share1

Related Posts

Tripoli Chamber invites investment proposals for its buildings
Business

Tripoli Chamber signs a protocol with Alexandria Chamber of Commerce

June 25, 2022
Libya Renewable Energy & Energy Efficiency Technologies: Misrata, October 2022
Business

Libya Renewable Energy & Energy Efficiency Technologies: Misrata, October 2022

June 25, 2022
Southern Libyan agribusiness using pivot irrigation to grow 150 hectares of animal feed
Business

Southern Libyan agribusiness using pivot irrigation to grow 150 hectares of animal feed

June 25, 2022
Libya Exhibition for the Export of Human Resources Services: 16 to 18 August in Tripoli
Business

Libya Exhibition for the Export of Human Resources Services: 16 to 18 August in Tripoli

June 25, 2022
As it reopens its air, land and sea borders, Tunisia announces its categorization plans – Libyans watch eagerly
Business

Libya to pay US$ 74 million debt to Tunisia’s STEG for electricity via Tunisia-Algeria connection

June 24, 2022
Tripoli Chamber invites investment proposals for its buildings
Business

Tripoli Chamber business delegation to visit Athens Chamber of Commerce this August

June 24, 2022
Next Post
Libyan Employment Forum offers more than 200 jobs

Libyan Employment Forum offers more than 200 jobs

UNDP launches project to provide over 600 motorway water drainage covers – to prevent winter rain blockage

 

Advertise on LibyaHerald

Reach thousands of our site visitors daily

240 x 400px

Advertise Here
ADVERTISEMENT

Top Stories

  • Malta-based Libyan carrier Med Sky to start chartered flights from Misrata to Malta from 5 May

    Malta-based Libyan carrier Med Sky to start chartered flights from Misrata to Malta from 5 May

    582 shares
    Share 233 Tweet 146
  • Two leading Tripoli militias clash in town centre

    485 shares
    Share 200 Tweet 119
  • Hafter’s representatives in the 5+5 Joint Military Commission announce suspension of their participation in the commission

    378 shares
    Share 157 Tweet 92
  • Bashagha reveals proposed government of 41 – with 30 ministers and 8 ministers of state

    364 shares
    Share 148 Tweet 90
  • Bashagha enters Tripoli briefly before being forced to exit swiftly in the face of determined militia opposition

    354 shares
    Share 142 Tweet 89
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Tripoli Chamber signs a protocol with Alexandria Chamber of Commerce

Libya Renewable Energy & Energy Efficiency Technologies: Misrata, October 2022

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    No Result
    View All Result
    • Login
    • Sign Up
    • Cart
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Sign In with Facebook
    Sign In with Linked In
    OR

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Sign Up with Facebook
    Sign Up with Linked In
    OR

    Fill the forms bellow to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?