Major Order for Porr in Libya

Industrials › Construction ♦ Published: November 29, 2010; 13:55 ♦ (Vindobona)

Porr builds a sports stadium with a Turkish partner. The contract is worth € 220 million euro.

Porr AG has been awarded the contract to build a new stadium in the Libyan capital Tripoli, and the project is to be implemented jointly with the Turkish Renaissance Group in the frame of a joint venture with the Libyan Investment Development Company (Lidco). This large order for a volume of around € 200 million is a confirmation of the strategic expansion in the markets of the MENA…

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