Tag Archive | "Free Zone"

Govt Considers Free Trade Zone

Govt Considers Free Trade Zone

Libya’s internationally-recognised government is said to be considering creating a free trade zone in the Gulf of Bomba, between Torbuk and Derna. Libya Herald reports that a presentation proposing the idea was made by the Ministry of Economy and Industry at the cabinet earlier this week in Beida. Among the advantages of the area for […]

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Posted in Industry & TradeComments (0)

Business is booming in Misrata

Business is booming in Misrata

Business is booming on Misrata’s docks, a dramatic change to the desperate days of April and May 2011. Then, under heavy shelling and rocket attack, only humanitarian boats were brave enough to enter the port. Now, millions of dollars of trade is passing through this port every month. Currently, about 1,200 people work on site, […]

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Posted in Industry & Trade, Investment, Oil & GasComments (0)

Libya to Revive Plan for Benghazi Free-Trade Area, Official Says

Libya to Revive Plan for Benghazi Free-Trade Area, Official Says

Libya plans to set up a free-trade zone in Benghazi as it seeks to shift its economy away from dependence on oil, government officials said. The revived plan for Benghazi, the second-biggest city, could help create more than 40,000 jobs and restore its status as a trade hub, Rajab Khalil, undersecretary at the Economy Ministry, […]

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Posted in Employment, Industry & Trade, InvestmentComments (0)

Liberated Libya finally on the move again

Liberated Libya finally on the move again

Flying into Tripoli International Airport offers the traveller an aerial view of Libya’s pressing challenges as well as its future potential. First the plane flies over the Mediterranean coastline, scattered with sleepy ports ringed by the hulks of Libyan warships bombed during last year’s Nato campaign. As the aircraft descends, passengers peering below see a […]

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Posted in Construction & Engineering, Industry & Trade, InvestmentComments (0)


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