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

  • New Bolivian highway programme planned
    June 17, 2015
    Bolivia's state-owned road operator Administradora Boliviana de Carreteras (ABC) has an ambitious road building programme. This will see the construction of a further 3,172km of roads, of which almost 1,000km will be completed in 2015. The 1,000km of roads on track for completion comprise some 16 projects in seven departments. ABC has budgeted US$1.17 billion for its programme of works, an increase over the $995.4 million for the previous financial year.
  • Private consortium to finance Melbourne's Peninsula Link highway
    July 13, 2012
    Not long after the recent completion of the successful EastLink project (a 39km motorway providing a vital connection for 1.5 million people in Melbourne, Australia) the Victorian Government has started work on another missing link in Melbourne's freeway network further south with the construction of Peninsula Link. Peninsula Link is a key project in the Victorian Government's AUD$38 billion (US$32 billion) Victorian Transport Plan. With a AUD$750 million (US$630 million) price tag, the project is expected
  • Italian highway link completed
    January 24, 2017
    A challenging road construction project is being carried out in Italy within a tight timeframe, with assistance from a new Marini asphalt plant. The project is for the Salerno-Reggio Calabria highway and the work has to be completed before the end of 2016. Local contractor Bulfaro is carryiing out the work to complete surfacing work to the Macrolotto 3.2; a 40km section of the highway between Laino Borgo and Campotenese. This section of the route is at an altitude of over 800m but the work was complicated b
  • Funding doubts over major highway project
    May 15, 2012
    Slovakia’s troubled D1 highway project continues to be a topic of controversy in the country, with doubts over whether there are sufficient funds to pay for the completion of the route. A political debate focuses on whether the Transport Ministry should have extended the deadline for the agreement of the financial package for the first tranche of contracts for the highway. The Slovenske Dialnice consortium recently met with the Transport Ministry over the decision not to continue with the PPP project to c