VOL. XLVI

No 4

27-January-2003

LIBYA

AFESD Loans Libya $91.5mn For Al-Zawiya Power Station Project

The Arab Fund for Economic and Social Development (AFESD) has given Libya a loan of KD28mn ($91.5mn) to help finance the conversion of the al-Zawiya gas fired power station to a combined cycle plant. The project, which aims to meet increased energy demand in the country, will include the installation of boilers, control systems and basic support and consulting services. The loan carries an annual...