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

  • Golden opportunities in the MINT - Mexico, Indonesia, Nigeria, Turkey
    May 21, 2015
    Mexico, Indonesia, Nigeria, Turkey – Global Report offers up some food for thought about where smart money might be headed within the next several years – David Arminas writes China’s rate of growth may be slowing down, but other South East Asian companies are being quick to offer alternate investment opportunities, notably Indonesia. Nigeria, too, has had issues with security of investment. But there are signs that the government may be getting serious at last about tightening up rules and regulation
  • Italy's highway strategy
    March 1, 2012
    In Italy the state-controlled road concessionare ANAS has activated €6 billion worth of funding for highway and general road works in the region of Liguria (northern Italy).
  • Strong investment growth in the world’s highways was a key driver in John Deere and Wirtgen coming together
    December 21, 2017
    John Deere’s recent acquisition of the Wirtgen Group was driven by the way in which two leading equipment manufacturers could come together with no product overlap and target strong investment growth in the world’s highways sector
  • Closer ties with Highways England Collaborative Delivery Framework
    April 13, 2017
    Highways England is reconsidering its procurement to encourage innovation and ultimately deliver more for less. Kristina Smith spoke to client, contractors and material suppliers to find out more. A group of senior managers is being addressed by a local resident who lives close to some proposed road works. The resident is angry, persistent and quite rude. The question is: how will these managers respond?