Five international offers to implement car - industry projects in Libya

Five international companies presented special offers to establish and run several factories for car assembly in Libya. 14 international companies received the projects specifications which is coordinated and supervised by the Egyptian company Becorb.

The five companies are the Italian 'Fiat', the French 'Renault' and 'Peugeot - Stroen', the south Korean 'Daewo' which currently assemble cars in Libya in addition to 'Hyundai' and it is also expected that 2 other European companies would present offers to the Libyan authorities.

It is expected that the Becorb company would finish consideration of offers and narrowing the list of contenders to implement the projects by August.