Libya Development and Reconstruction Fund
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The Libya Development and Reconstruction Fund is a public government body in Libya, established by Decision No. (1) of 2024 by the House of Representatives. Its mission is to implement reconstruction and development plans for Libyan cities and villages, with its headquarters in Benghazi.[1][2][3][4]
Tasks and objectives
[edit | edit source]The Fund aims to achieve the following purposes:
- Implement reconstruction projects in targeted cities and areas.[5][6][7]
- Address the effects of Storm Daniel, which struck the city of Derna and the Green Mountain regions in September 2023.[8]
- Cooperate with local and international expertise houses and consulting firms to develop urban plans.[9][10][11]
Administration
[edit | edit source]The Fund is managed by a Director General (currently held by Belqasim Haftar), and two deputies, appointed by a decision from the Presidency of the House of Representatives based on a proposal from the Prime Minister.[12][13][14][15]
External links
[edit | edit source]- Anadolu Agency report on the Fund's contracts with Turkish companies
- Atletico Madrid and Inter invited by the Libya Development and Reconstruction Fund to play in Libya - The New York Times
- Benghazi signs contracts with Turkish companies to develop the air navigation system - Asharq Al-Awsat
References
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