Skip to main content

Libya's road investment

Three Slovenian contractors, Primorje, Vegrad and GPG, are well placed to win key construction tenders in Libya. The contracts are worth a total of ?300 million and include a highway project as well as general construction work.
February 9, 2012 Read time: 2 mins
Three Slovenian contractors, 2476 Primorje, 2475 Vegrad and GPG, are well placed to win key construction tenders in Libya. The contracts are worth a total of €300 million and include a highway project as well as general construction work. This follows on from a recent award of a €333 million award to contractor SCT for a highway project. At this stage details of the highways to be built have not been revealed. However Libya has been working on plans to build its section of the new international North African highway to connect with its neighbours and that will eventually run along the North African coast all the way from Morocco to Egypt. Morocco and Algeria are far ahead with work on their sections of the route and many of the phases have already been opened to traffic. Chinese and European firms have been highly active on the Moroccan and Algerian sections of the highway while US firms have supplied a significant portion of the machines and international interest will be strong in subsequent contracts. Egypt is working on highway design and is planning its construction schedule while Tunisia is also working on its links to the highway. However Libya has yet to announce final details of its plans for its section of this important international route. Libya's commerical links with Italy have been strong over the years and it seems likely that Italian firms will win some of the tenders as a result but other international companies from North America, Eruope and Asia will be keen to gain a  foothold in the potentially lucrative Libyan construction sector.

For more information on companies in this article

Related Content

  • Sales gain for Italian manufacturers
    February 22, 2016
    An upswing is being seen in construction machine sales in Italy, according to the latest official figures. The data from the Samoter-Prometeia Observatory reveal increases in key markets. Gains have been seen in Europe (+7.7%), Central and Eastern Europe and Turkey (+3.7%), North America (+23.1%), Central and South America (+6.3%), Middle East (+26.3%), Asia (+28.7%), Australia (+23.5%) and Africa (+2.5%). However the figures also show another sharp fall in Russia (-62.8%).
  • Efficient earthmoving builds new road links
    February 7, 2012
    Efficient earthmoving is allowing productive road construction in the Egyptian desert, Mike Woof reports. Despite ferocious desert temperatures, efficient earthmoving operations will help build new road links in Southern Egypt. Close to the Egyptian city of Assuit, the contractor Orascom is working on three key desert highway projects that will provide vital transport connections for the country's growing economy.
  • Albanian road investment
    May 15, 2012
    The European Bank for Reconstruction and Development (EBRD) is providing major funding in Albania’s road network. A loan worth €53 million will help pay for the construction of the new Fier and Vlore bypasses. This loan will aid further development of the Albanian road network and boosting economic integration in the country by co-financing the construction of the two bypass roads, located in south-western Albania. The EBRD loan is structured in two tranches and will be used by the Albanian Road Authority t
  • Russia’s new high speed highway – with Italian investment
    January 30, 2020
    Italian investment will help to build a major high-speed highway in Russia