The Minister of State for Economic Affairs, Salama Al-Ghwail, revealed in an exclusive statement to 218News that Libya needs to spend 600 billion dinars on reconstruction over the next ten years.
Al-Ghwail indicated that the estimated cost of the wars on the Libyan economy amounted to $600 billion.
Regarding the reconstruction projects, the Minister of State for Economic Affairs, Salama Al-Ghuwail, explained that the Egyptian, Turkish, Italian, German and Tunisian companies are the most likely to participate in the reconstruction projects.
Al-Ghwail added that the reconstruction projects will provide 30% of job opportunities for the unemployed, according to the vacancies in reconstruction projects.
He also expected that the private sector will participate in the reconstruction by 60% and 40% for the public sector.