"Italy's AgustaWestland, a Finmeccanica company, Wednesday inaugurated Liatec's (Libyan Italian Advanced Technology Company) a helicopter assembly and maintenance factory at Abou Aisha airport, in the Tarhuna region about 60 km southeast of Tripoli in Libya in a joint venture with Tripoli at a cost of almost US$24 million dollars.Liatec, a Joint venture stock company between the Italian giant company and the Libyan state incorporated in Libya and established through an agreement signed in January 2006 by the three shareholders, Libyan Company for Aviation Industry (50%), Finmeccanica (25%) and AgustaWestland (25%).
The new dedicated facility at Abou Aisha airport includes final assembly lines for single and twin-engine helicopters. The final assembly of helicopters expands on the existing maintenance and training activities performed by LIATEC, a new industrial entity aimed at improving and developing the aviation and electronic systems capabilities in the country."
