SABA - Yemen news agency

Print date: 23-11-2017
Article link: http://www.sabanews.net/ar/news161100.htm
  Local
Yemen, Libya strike deal
[10/August/2008]

TRIPOLI, Aug 10 (Saba) – Yemen and Libya have signed an agreement under which Libya will set up a 400 megawatt electricity station in Yemen.

The agreement was signed by the two countries General People's Congress parties.

According to the agreement, the countries will also increase the capital of the Yemeni-Libyan Holding Company to at least $ 100 million and that the construction of the station starts before the end of 2008.
The two parties also agreed to implement agreements signed in the past and that provided for swapping expertise between their bodies particularly in areas such as media, research, youth activities and women support.
FR