Maiteeq promises urgent measures to meet the Libyan Iron and Steel Company's demands

finance & economy - December 29, 2020

The Libyan Iron and Steel Company has expressed satisfaction at Vice President of the Presidential Council (PC), Ahmed Maiteeq, for his receptiveness to the company's demands.

'Maiteeq had promised to take urgent measures to solve the company's problems and follow them directly with the relevant authorities at home and abroad,' a statement by the company said on Facebook.

On Sunday, Maiteeq met with the Chairman of the Board of Directors of the Libyan Iron and Steel Company and several of the firm's officials to review the bottlenecks that hinder their work and discuss the company's plans to increase its production capacity.

The meeting discussed the energy deficit problem and its negative repercussions on the company's operations and the need to carry out urgent maintenance for the power station of the plant through the state's 2020 budget.

The company's officials also demanded the PC to directing each of the National Oil Corporation and the national electricity company to secure the iron company's plant of natural gas and electric power and to collect the debts and financial compensation owed to the company by the state.

libyaobserver



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