Libya’s Audit Bureau and the Libyan Internal Investment and Development Fund have agreed to restart the Mitiga Sea Towers project following talks aimed at resolving the financial, technical, and contractual issues that had delayed its implementation.
The two sides agreed on a package of corrective measures, including the reactivation of the contract with the project’s executing company, to allow construction to resume in accordance with Libya’s legal and regulatory framework.
The Audit Bureau said the agreement is part of its efforts to oversee state projects, ensure sound public spending, protect public funds, and improve the implementation of development projects.
