The developer of the high-end residential complex in Tripoli sees its net first-half profits almost double, and tells The Libya Report that construction on the Medina Tower is "about to commence."

The Malaysian contractor, which has some LD24m ($20m) of outstanding work in Libya, says it will be "operational" in the country by the end of August.

The Canadian construction and engineering firm has set aside some C$47m (LD57m) in provisions after an "unexpected attempt" to draw on a letter of credit issued to a client in Libya.

State-controlled National Union Engineering Consultants says it generated a small profit in the second quarter of the year after incurring losses in earlier periods.

The National Oil Corporation (NOC) and the oil and gas ministry plan to build a major new administrative complex in Benghazi, including an office to service foreign companies.

Malta's Mediterranean Investments Holding, the developer of Palm City in Tripoli, says it is seeking to raise funds to finance several new real estate projects in Libya.

The former Gaddafi compound and military base in central Tripoli, which has been lying largely derelict since the end of the 2011 conflict, is to be turned into a public park.

Prime minister Ali Zeidan says the Savings and Real Estate Investment Bank is in the process of reviving projects with a total of 286,000 housing units.

Contractors have started to lay the first concrete foundations at the Naseem Towers project in Benghazi.

The contractor says it has already written off losses from 2011 and is seeking compensation from the Libyan government, but plans to "restart business" at the end of June.

The housing ministry has approved the areas to be covered by 13 regional offices of the Housing and Infrastructure Board (HIB), which will have independent powers.

The Indian contractor, which had projects in Tripoli and Benghazi prior to 2011, says it can resume work quickly but is still waiting for a payment from the government.

The head of the Housing and Infrastructure Board (HIB), which has hundreds of outstanding projects, says the body was only allocated LD1.5bn ($1.2bn) from the 2013 state budget.

The head of the US-based company, which in 2007 won a $574m (LD718m) programme management contract with the Libyan government, says it is preparing to resume work.

The housing minister says a deal has been agreed with the Korean contractor over outstanding payments due from before 2011, and pledges to build more temporary units soon.