THE BUSINESS OF INTERNATIONAL TRADE
After 12 years, construction on the port of Al-Maya is due to restart. After several false starts, the Municipality of Al-Maya said actual construction by the implementing company in the form of earth moving has commenced as heavy bulldozers moved in at the site. The ability to commence works was partially attributed to the improvement of security in the area. Al-Maya is located about 28km west of Tripoli along the main Coastal Road.
Also, Libya’s Ports and Maritime Transport Authority reported in August 2021 that a meeting was held on the development of Benghazi port. Specific measures will be reviewed with the aim on increasing efficiency and upgrading the port sector and increasing the competitiveness of Libyan port services. Benghazi port is one of the biggest ports in Libya, located in eastern side of Libya on the Mediterranean coast, with a total size of 4,400,000 sq. m.
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