GECOL to establish PPP factories for electric metres, transformers and cables with local and foreign partners

By Sami Zaptia.

GECOL head Wiam Alabdali said his entity was considering PPP with local and foreign investors to establish factories for electric metres, transformers and cables (Photo: From archives by Sami Zaptia).

Tripoli, 30 January 2022:

The state monopoly General Electricity Company of Libya (GECOL) said it is to establish factories through Public Private Partnership (PPP) ventures with local and foreign investors for electric metres, transformers, and cables.

The news was revealed by GECOL chairman Wiam Al Abdali last Sunday after a meeting with the Privatisation and Investment Board (PIB). The projects revealed by Al-Abdali would be conducted through the tax advantages schemes offered by the PIB to investors.

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GECOL to establish PPP factories for electric metres, transformers and cables with local and foreign partners

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