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

  • Firms urged to change Qatar infrastructure contract tender approach
    July 16, 2012
    Foreign companies aiming to deliver lucrative infrastructure projects in Qatar will need to reconsider their tender process approach, according to experts assembled at the MEED Qatar Infrastructure Projects conference in London. Participating speakers said international contractors need to be more strategic about their business development practices in the Gulf state and act more transparently during the bid phase to improve tender conversion rates.
    Read More
  • Additional highway work is planned for Algeria
    March 26, 2013
    Construction work on Algeria’s planned Hauts-plateaux highway is set to commence at the end of June 2013. The highway will run 1,300km and connect Tébessa with Naâma, with the project being split into three sections. The East stretch will be 220km long while the West section will be 305km long and in the middle will be the 495km Central section. The new highway is expected to provide an important trade route and help improve transport between Algeria and its neighbours and this forms part of Algeria’s 2030
    Read More
  • Times they are a changing
    July 23, 2012
    Construction in China still appears to be on course for growth even with the gloomy economic outlook, as it enjoys "a strong budgets position." Patrick Smith reports One thing is certain in the current global economic climate: nothing is certain. And while China has not been unaffected by the economic events of recent months it has, according to Robert Zoellinck, president of the World Bank, a very strong current account and budgetary position. For some years, the nation has enjoyed double digit growth (the
    Read More
  • China banks on the Belt and Road Initiative
    October 8, 2019
    Changsha, the capital of Hunan province, is capitalising on its well-established equipment and componentry manufacturing base as China’s global Belt and Road Initiative gathers momentum.
    Read More

Highlighted Content