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

  • A new road maintenance approach developed jointly can improve efficiency
    April 11, 2013
    Innovative road maintenance solutions in Austria. A sophisticated system for managing maintenance tasks has been developed in Austria to meet the specific needs of a highway concession package. Bonaventura Straßenerhaltungs-GmbH is a 100%-owned business of the French company Egis Road Operation S.A., and was founded to provide the road maintenance services of the first Austrian PPP infrastructure project "Ypsilon"(PPP-Ostregion, Paket 1) granted by ASFINAG. The concessionaire won a 30-year contract in 2006
    Read More
  • Egis buys Projacs to boost its Middle East presence
    August 5, 2015
    French engineering group Egis has acquired 51% of Projacs, a major project and construction management firm in the Middle East. Egis, based in Guyancourt, north of Paris, made the purchase for an undisclosed sum. The move follows the purchase in Brazil of highways contractor Lenc at the end of last year. Projacs, founded in 1984, is based in the Gulf Cooperation Council countries of Saudi Arabia, Bahrain, Oman, Qatar, United Arab Emirates and Kuwait, but also operates in neighbouring countries. It
    Read More
  • Oman deal for Turkish/Italian partners
    February 9, 2012
    The first phase of Oman's new Sur road project is now being carried out by a joint venture comprising Turkish contractor Ozkar Insaat (Ozkar) and Italian firm Astaldi.
    Read More
  • Milling and paving for a highway repair in Oklahoma
    April 5, 2017
    Milling and paving work has helped restore the road surface on an important stretch of highway in the US state of Oklahoma. US Highway 62 is a key route, running 3,597km from to Niagara Falls, New York, at the Canada–US border to the Mexico-US border at El Paso in Texas. It is the only east-west United States numbered highway that connects Canada with Mexico through the US, making it a key transport route. A 12km section of US 62 where it runs through Oklahoma recently benefited from a much-needed rebuild,
    Read More

Highlighted Content