Misurata focuses on the Italia-Africa axis: businesses, ports and investment take centre stage at the forum
Around 60 Italian and 250 Libyan companies are involved in the initiative in the Free Trade Zone. Links with Sicily, infrastructure connecting to the Sahel and industrial training are among the priorities for cooperation
Key points
To turn Misurata into a connecting platform between the Italian manufacturing sector and African markets. This was the outlook that emerged yesterday from the Libyan-Italian Business and Investment Forum, which brought together businesses, institutions and economic operators from both countries in the city’s Free Zone. The discussions centred on the development of logistics, the integration of ports and land transport networks and opportunities for investment in a market that looks beyond Libya’s domestic demand.
The initiative involved around 60 Italian and 250 Libyan companies, according to the figures cited in the official statements. This participation builds on the process launched on 9 July in Rome with the presentation of opportunities offered by the Free Trade Zone and follows on from previous business initiatives organised in Tripoli and Benghazi.
The Italian mission, organised by the Italian-Libyan Chamber of Commerce in conjunction with the Italian Embassy in Tripoli and Unioncamere, with the support of the Misurata Free Zone, will continue until 4 November. The forum was the highlight of the mission, combining institutional discussions with business-to-business meetings and the presentation of development projects for the area.
The port as a gateway to African markets
The vision outlined by the Libyan authorities is to integrate the port and the Misrata Free Zone with a transport network capable of reaching landlocked African countries . This plan aims to turn Libya’s geographical position into a commercial advantage by linking Mediterranean routes to the markets of the Sahel.
The Minister for Transport, Mohammed Ashahoubi, identified the Southern Road as one of the strategic pillars of this approach. The aim, he explained, is not only to improve travel between Libyan cities and regions, but also to build a safe and efficient trade corridor for goods bound for the interior of the continent, in particular Chad, Niger, Mali and Burkina Faso.
