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

  • Tunnel project of Chilean capital Santiago
    April 8, 2015
    Tunnel construction in Chilean capital Santiago will help cut chronic congestion – Mauro Nogarin & Mike Woof write. Chile’s capital Santiago is a thriving city having benefited from the country’s economy growing strongly in recent years. The massive copper mining sector has helped boost the country’s GDP significantly in the past few decades, also aided by the growing international reputation of Chile’s large wine industry. The steady economic growth has resulted in an equally steady growth in average incom
  • Nicaragua road project funding deal
    February 1, 2018
    Nicaragua’s Ministry of Transport and Infrastructure (MTI) is setting out its road development programme for 2018. In all the plans call for the construction of 171km of roads. Work will be completed for the road from Mulukuku to Siuna, with the first 23km stretch due to open in September 2018 and the remaining 21.5km expected in December 2018. Meanwhile the road from Nueva Guinea to San Francisco should be complete by November 2018. Work started on these two routes in 2016. The project also calls for
  • Market bullish at bauma China 2016 exhibition
    February 1, 2017
    Key manufacturers reported a return to business confidence in China at the recent bauma China 2016 construction equipment exhibition The event was held at the Shanghai New International Expo Centre (SNIEC) and attracted 170,000 visitors from 149 countries, despite the cold weather and constant rain that plagued its first two days. The healthy attendance is a reflection of the gradually improving Chinese market. The Chinese economy suffered a slump in business levels in recent years, following a boom per
  • Demand diversity in the construction equipment sector
    June 1, 2015
    Demand within the global construction equipment manufacturing industry is anything but homogenous, with certain countries and sales regions significantly outperforming others, with a whole host of factors fuelling and suppressing each key market - Guy Woodford reports