South Korean Firms Halt Construction Activities at Libyan Power Plant Amid Security Concerns

Published By : 12 Aug 2014 | Published By : QYRESEARCH

South Korean construction groups Hyundai and Doosan have halted the construction of power plant in the town of Sirte, Libya, due to security reasons. The plant was meant to be of 1,400 megawatt capacity. 

The managing director of the plant and a spokesperson from the town council stated its decision to do so in accordance with South Korean government’s order to pull out from the project owing to security issues. However, they also mentioned that the decision was temporary.

In effect, nearly 570 Hyundai employees and 382 Doosan employees started to move out of the country on Saturday. 

Libya is experiencing one of its most violent period since the fall of Muammar Gaddafi, country’s former ruler, three years back. Rival militant groups have been fighting for gaining control over country’s two biggest cities, Tripoli and Benghazi, turning them into battlegrounds and resulting in the death of more than 200 people. 

Most western countries and the United Nations have pulled out their diplomats from the country to ensure their safety. 

Though no recent feuds have been observed in Sirte, which is located 570 km from Benghazi and 460 km from Tripoli, some local news channels have reported the rising level of insecurity in the city, mainly due to a lack of government support. 

Hyundai Engineering and Doosan Engineering had won the coveted 1.8 billion dinar worth project to build and operate the Sirte based power plant in 2007. Turkey’s Gama Enerji, France’s Geocon and US’s Bechtel were also part of the contract.

Currently, US’s Bechtel is still operating at the power plant, but without any US workers. 350 workers from Gama Enerji have also returned back to work after a short break. France’s Geocon has already left the power plant after its contract ended.
Back To Top