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

  • Ethiopia races on with projects
    June 13, 2012
    Ethiopia is pursuing a 10-year $2.4 billion development plan, part of which are ambitious road developments. Shem Oirere reports Ethiopia is hastening its pace towards accessing a share of the East Africa commodity market and opening itself up for foreign investment through the implementation of an ambitious road development strategy, the Road Sector Development Programme (RSDP). The landlocked nation has convinced a number of international lenders of the viability of RSDP, with some of them now loosening
    Read More
  • Planning Netherland's underground highways
    May 15, 2012
    The first agreements for Amsterdam’s proposed underground highway have now been reached. These have been made by the Dutch Minister for the Environment and Transport as well as Amsterdam local authority and the province of North-Holland. Under the agreed terms, the A10 highway will feature 12 lanes of traffic in four 1.2km tunnels under the capital, Amsterdam. The project will also include building metro and rail lines underground.
    Read More
  • Champlain Bridge set to open by end of year, says SNC-Lavalin
    May 14, 2018
    The Canadian city’s replacement Champlain Bridge will open on schedule at the end of the year. Montreal, one of Canada’s largest cities, will have a well-earned Christmas present in December when the new Champlain Bridge opens after 42 months of construction. The new bridge, part of a six-lane 6km corridor including roads, is being built alongside the original bridge over the Saint Lawrence River and Seaway canal system. The new bridge, 3.4km long, runs from the île des Soeurs to Brossard, immediately dow
    Read More
  • Caterpillar has a Vision that includes total project site overview
    April 5, 2016
    Caterpillar may be on its financial back foot, but a recent event showed the company has a vision far beyond this or the next financial year – David Arminas reports. Many construction machinery manufacturers have some data collection and analysis systems for their heavy equipment. For a good decade, manufacturers have been moving in this direction, first as retrofit packages on machines in the field and increasingly as standard on newer models. Caterpillar is no exception among manufacturers that are movin
    Read More

Highlighted Content