Libya signed a major infrastructure agreement with Swiss Italian shipping group MSC and a Qatari investment fund to expand the port of Misrata. The project, valued at $2.7 billion, aims to modernise Libya’s largest non-oil port and raise annual container capacity to four million units. Authorities expect the development to generate thousands of jobs and strengthen Libya’s role in regional trade and logistics.
MSC Backs $2.7bn Misrata Port Deal
Libya signed a major infrastructure agreement with Swiss Italian shipping group MSC and a Qatari investment fund to expand the port of Misrata. The project, valued at $2.7 billion, aims to modernise Libya’s largest non-oil port and raise annual container capacity to four million units. Authorities expect the development to generate thousands of jobs and strengthen Libya’s role in regional trade and logistics.
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