Skip to main content

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

  • Slovakia continues to ponder an 8km Little Carpathian road tunnel
    February 12, 2015
    Controversy continues to swirl around Bratislava’s proposed D4 motorway bypass and what tunnel options under the Little Carpathian Mountains is the best value.
  • Hyundai looking for new partner for Chilean bridge deal
    March 21, 2016
    South Korean firm Hyundai is looking for a new partner to join the consortium that will construct Chile’s Chacao Bridge. The project has been planned for some years, having been cancelled once previously, and will connect with Chiloe Island, replacing the current ferry service. The new partner for the consortium would take the place of Brazilian firm OAS, which is currently embroiled in legal difficulties due to an ongoing investigation in Brazil. The aim is that a new partner could buy out the 49% stake in
  • $600 million Louisiana toll road to go ahead
    June 5, 2025
    A $600 million Louisiana toll road project has been given the go ahead.
  • Sacyr enters Paraguay road sector
    October 25, 2016
    Sacyr subsidiary Sacyr Concesiones is leading a consortium to will build and operate the Road 2 and Road 7 routes in Paraguay. The Road 2 route will connect Asunción and Coronel Oviedo. Meanwhile the Road 7 route will run from Coronel Oviedo to Caaguazú. Construction is expected to cost US$520 million with the concession package being for a period of 30 years. The Route 2 and Route 7 combined deal is of note as this will be Paraguay’s first PPP for a highway project. The consortium is headed by Sacyr Conces