Libyan highway deal for Italian team?

An Italian consortium looks to be a front runner for a major highway project in Libya.
March 5, 2012 Read time: 1 min
An Italian consortium looks to be a front runner for a major highway project in Libya. The highway would connect Libya with its neighbours Tunisia and Egypt. The consortium includes Italian firms 3611 Saipem (which heads the partnership), Maltauro, Maire Tecnimont and Rizzani de Echer. The value of the project has not so far been released but given the length of the highway that will be required to connect Tunisia and Egypt through Libya it is likely to be a multi-billion US$ deal. This development follows the announcement of further agreements between the Italian and Libyan leaders over planned highway construction projects.

For more information on companies in this article

Related Content

  • Kenya develops annuity road funding model
    May 8, 2015
    Kenya is introducing novel methods for funding its necessary road infrastructure development - Shem Oirere writes. Kenya has unveiled a new financing model for road construction and reviewed its design standards and construction methodologies, which forms part of a new strategy for the East African country. Under this new plan Kenya is planning to upgrade 10,000km of road, with these links featuring asphalt surfacing; the work being carried out over the next five years at a cost of US$2.8 billion. Despite t
    Read More
  • San Ignacio de Moxos-Trinidad road scheme in Bolivia to go ahead
    November 23, 2012
    Bolivian president Evo Morales said the 77.8km San Ignacio de Moxos-Trinidad road scheme would still go ahead – despite the temporary suspension of work on a contentious section of the route. President Morales’ assurance over the completion of the road, the final section of the highway link between Cochabamba-Beni, was given amid strong objections to the San Ignacio de Moxos-Villa Tunari stretch passing through the TIPNIS natural park.
    Read More
  • IHI and Kato joining forces for machines
    October 25, 2016
    A new agreement between IHI and Kato will see the two firms joining their construction machine operations together. IHI Corporation (IHI) announced has agreed to transfer all the shares in its wholly‐owned IHI Construction Machinery business to Kato Works. The move will expand the product line-up for mini‐excavators, crawler cranes and other crawler equipment. All current facilities and network including overseas will remain without major changes for the time being. The two companies will assimilate ove
    Read More
  • Bangladesh highway contract awarded
    November 15, 2022
    A major Bangladesh highway contract has been awarded.
    Read More

Highlighted Content