The Sirte Local Council says it has started to transfer payments to homeowners whose properties were damaged in 2011.

Libya's Ministry of Housing and Utilities, Ali al-Sharif, has held meetings with the US Charge d'Affaires in Tripoli, William Roebuck.

Italian engineering and construction firm Trevi, which had several contracts in Libya prior to the 2011 revolution, says Libya remains a priority market despite losses in 2011.

A number of French, Turkish and Korean companies have picked up work on stalled projects in Sirte, according to local reports.

The head of the Audit Bureau, which reviews the finances of state-owned institutions, has discussed stalled construction contracts with the Savings and Real Estate Investment Bank.

Deputy prime minister Awad Barasi recently held meetings with a number of government ministries, and approved contracts for two new housing projects in Abraq and Qasr Hamad.

The Ministry of Housing and Utilities has set aside LD114m ($91m) for initial compensation payments to homeowners in Sirte whose properties were damaged during the 2011 conflict.

The Housing and Infrastructure Board (HIB) has extended the deadline for a tender related to infrastructure works in Zliten.

A Turkish company has won an LD6.5m ($5.2m) deal to build new facilities at the Omar al-Mukhtar University in the north-eastern city of Al Bayda.

Malta-based Mediterranean Investments Holding (MIH) earned €21.9m (LD36m) in revenues from its Palm City development in Tripoli during the first 10 months of 2012, and expects occupancy to be 95% by the end of the year.

Omar al-Mukhtar University, in the north-eastern town of Al Bayda, says that 42 local and foreign companies competed in a recent tender to build new facilities.

The Ministry of Housing and Utilities says it plans to remove illegally-constructed shops and houses built in public areas.

Frontier and The Libya Report have published a special report on real estate activity in Tripoli, providing an update on projects in progress before 2011 and the impact of the conflict on market dynamics.

A state-owned Egyptian construction firm says it has won a $328m (LD413m) contract to build a housing project in north-east Libya.

Government and local officials have held a meeting in Bin Jawad to discuss the resumption of works on a 1,000 unit housing project.