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Half a decade after Qaddafi’s fall, Turkish companies return to Libya

Turkish companies are planning to return to the north African country to complete projects worth $18.5 billion

Published: Updated:

Around five years after the overthrow of longtime Libyan dictator Muammar Qaddafi, Turkish companies are planning to return to the north African country to complete hundreds of projects worth $18.5 billion.

Turkey and Libya’s National Consensus Government (NCG) agreed on the companies returning during a one-day visit by Turkish Foreign Minister Mevlut Cavusoglu earlier this week, the Turkish Hurriyet daily reported on Wednesday.

Turkish firms are set to restart 304 energy, air transport and infrastructure projects, badly needed after years of conflict between warring factions which emerged from the post-Qaddafi power vacuum.

Under the agreement, Turkish Airlines will restart flights from Turkey’s largest city of Istanbul to Libya’s capital Tripoli, which were suspended last year 2015 due to security concerns.

Flights will restart after international security standards are established in Tripoli’s airport, sources told Hurriyet.