Libya's internationally-recognised government is said to be considering creating a free trade zone in the Gulf of Bomba, between Torbuk and Derna. Libya Herald reports that a presentation proposing the idea was made by the Ministry of Economy and Industry at the cabinet earlier this week in Beida. Among the advantages of the area for […]
Tag Archives | Misurata Free Zone
Toyota Boosts Prospects of More Young Libyans
Twelve graduates from Toyota Libya’s ‘Discover your Talent’ training programme have received their awards following their successful completion of a three-month training programme based at Toyota’s premises in Misrata Free Trade Zone. Libya Herald reports that 20 new recruits from all over Libya were also welcomed onto the programme, and were given symbolic mechanics’ uniforms […]
Saudis Consider Investing in Libyan Cement, Sugar
During his visit to Saudi Arabia, Minister of Oil and Gas Dr. Abdulbari Alarusi [Al Arusi] is reported to have disclosed that a Saudi businessman has been in preliminary talks to invest $67 million for a cement factory in Misrata [Misurata]. The investor was also said to be in discussions on a further $54 million project […]
Civital Considers Misurata Free Zone
The Swiss-Algerian company Cevital Company is reported to be considering investment opportunities in the petrochemical sector at the Misurata Free Zone. Jamal Alghariani, head of administration of Misurata Free Zone, met with a high-level delegation from the company and confirmed that investment interest in the area is increasing. (Source: Libyan Investment)