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Libya Studies Fishing Trawler Factory

Business 27/04/2026

Libya’s Export Development Authority and the Libyan Iron and Steel Company are studying a proposal to build a factory for fishing trawlers. The project aims to support maritime industries, expand local production, and create jobs. Officials said the initiative could strengthen the fishing sector and help diversify the economy beyond oil. Discussions also reviewed infrastructure capabilities and potential investment needs to support the development of industrial and export activities.

Libya’s Export Development Authority and the Libyan Iron and Steel Company are studying a proposal to build a factory for fishing trawlers. The project aims to support maritime industries, expand local production, and create jobs. Officials said the initiative could strengthen the fishing sector and help diversify the economy beyond oil. Discussions also reviewed infrastructure capabilities and potential investment needs to support the development of industrial and export activities.

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