PC sets up committee to discuss return of Chinese enterprises

The Presidential Council (PC) issued a decision to form a committee headed by the Minister of Planning to deal with the late and stumbling construction contracts signed with Chinese companies.

In the decision issued on Tuesday, the PC outlined the committee’s 60-day working day to discuss with the relevant authorities in the Republic of China a comprehensive vision to rebalance the contractual relationship with companies.

The members of the committee are comprised of delegates from the Development Fund, the Development of Administrative Centers Agency, the Railways Implementation Agency, the Audit Bureau, the Housing Implementation Agency, the Stock Exchange and the Central Bank of Libya (CBL).

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