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news 19 Oct 11 / 14:28:30

Bosnia Companies Hope For Return to Libya

Ferhat Seta, the Bosnian ambassador to Libya, says he expects construction companies to be invited back to Libya, an important market for the Balkan country.

BH Daily News
Sarajevo
Sarajevo

Ambassador Seta said that as months of fighting in Libya came to an end and as government institutions were being formed on all levels, contacts between the two countries were developing afresh. 

Libya is the most important foreign market for Bosnia construction companies, which have lost 110 million euros as a result of fighting in the country between supporters and foes of the now defeated former leader Muammar Gaddafi.

Faruk Sirbegovic, director of the "Sirbegovic group", has told a Bosnian newspaper that some of the contracts between Bosnian companies and Libya could be put on hold, or would not be a priority. 

However, he said this could make way for more important contracts, or for projects of bigger importance to the needs of the country. 

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