ID :
204346
Tue, 08/30/2011 - 10:05
Auther :
Shortlink :
https://oananews.org//node/204346
The shortlink copeid
S. Korean builders to send relief supplies to Libya
SEOUL, Aug. 30 (Yonhap) -- South Korean construction companies will send US$500,000 worth of relief supplies to Libya to help the North African country recover from its civil war, the government said Tuesday.
The Ministry of Land, Transport and Maritime Affairs said in a meeting of economic policymakers that 16 South Korean construction companies already operating in the North African country will donate the supplies.
The supplies are independent of the $1 million in aid that the government has pledged to give Libya. The government also plans to carry out talks with representatives of Libya's National Transitional Council (NTC), which is expected to lead the country after it ends Moammar Gadhafi's 42-year rule.
"The types of goods to be sent and when they will be delivered are to be decided in consultation with the NTC," the ministry said in a statement.
A joint panel made up of government officials and business leaders will examine the resumption of suspended construction projects and how best to deal with damage caused by the six-month civil war that swept the country, it said.
As of February, 21 South Korean companies had secured US$10.5 billion worth of orders.
Seoul, in addition, plans to gradually lift travel restrictions for its citizens that it first imposed on March 15.
"The government approved requests to allow people to visit parts of Libya if they have set up adequate safety measures," a ministry official said. "The country plans to offer a master plan to rebuild Libya's social and industrial infrastructure."
The state-run Korea Trade-Investment Promotion Agency claimed that Libya could become a $120 billion market for construction companies after the current unrest is settled.
The ministry, meanwhile, said that it wants to hold the next round of South Korea-Libya economic cooperation committee meetings as soon as possible, with plans under way to invite members of the NTC to South Korea, which could strengthen traditionally strong bilateral ties.
The Ministry of Land, Transport and Maritime Affairs said in a meeting of economic policymakers that 16 South Korean construction companies already operating in the North African country will donate the supplies.
The supplies are independent of the $1 million in aid that the government has pledged to give Libya. The government also plans to carry out talks with representatives of Libya's National Transitional Council (NTC), which is expected to lead the country after it ends Moammar Gadhafi's 42-year rule.
"The types of goods to be sent and when they will be delivered are to be decided in consultation with the NTC," the ministry said in a statement.
A joint panel made up of government officials and business leaders will examine the resumption of suspended construction projects and how best to deal with damage caused by the six-month civil war that swept the country, it said.
As of February, 21 South Korean companies had secured US$10.5 billion worth of orders.
Seoul, in addition, plans to gradually lift travel restrictions for its citizens that it first imposed on March 15.
"The government approved requests to allow people to visit parts of Libya if they have set up adequate safety measures," a ministry official said. "The country plans to offer a master plan to rebuild Libya's social and industrial infrastructure."
The state-run Korea Trade-Investment Promotion Agency claimed that Libya could become a $120 billion market for construction companies after the current unrest is settled.
The ministry, meanwhile, said that it wants to hold the next round of South Korea-Libya economic cooperation committee meetings as soon as possible, with plans under way to invite members of the NTC to South Korea, which could strengthen traditionally strong bilateral ties.
