Organizational Structure Approval for Benghazi and Derna Reconstruction Fund

The Council of Ministers approves the organizational structure and administrative apparatus for the Reconstruction Fund for Benghazi and Derna. The decision establishes 10 organizational divisions including offices for the Director General, legal affairs, internal audit, and departments for planning, projects, and administrative affairs. The Fund was originally established under Decision 45 of 2021 and amended by Decision 70 of 2021.

This decision operationalizes a reconstruction fund targeting Libya's eastern cities, creating defined institutional channels for contractors, engineering firms, and construction material suppliers. Foreign companies pursuing reconstruction contracts in Benghazi or Derna now have a clearer counterparty structure, though execution capacity remains uncertain. The establishment of technical cooperation and legal affairs offices suggests the Fund is preparing to engage with external parties, potentially creating procurement opportunities in infrastructure, housing, and urban development sectors.