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LANA Dabaiba announces the launch of a strategic partnership to develop and expand the Misrata Free Zone port terminal with investments reaching (2.7) billion dollars
LANA The Prime Minister of the Government of National Unity, his Qatari counterpart, and the Italian Foreign Minister participated in the signing ceremony of a partnership agreement for investment, operation, and development of container terminals and the

Dabaiba announces the launch of a strategic partnership to develop and expand the Misrata Free Zone port terminal with investments reaching (2.7) billion dollars

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Tripoli, January 18, 2026 (LANA) – Prime Minister Abdul Hamid Dabaiba announced the launch of one of the largest maritime infrastructure projects in Libya's history. This involves the signing of a strategic partnership to develop and expand the Misrata Free Zone port terminal, with investments reaching $2.7 billion. Qatari, Italian, and Swiss companies are participating, most notably MSC, the world's largest shipping company. The project aims to increase the terminal's capacity to 4 million containers annually.

In a post on his personal social media account on Sunday, Dabaiba stated that this project not only enhances Libya's position among the largest ports in the region in terms of size and capacity, but also relies on direct foreign investment within a comprehensive international partnership. This partnership will handle development and operation according to clear arrangements, ensuring the project's implementation without placing additional burdens on the state budget. He added that this reflects the government's commitment to attracting productive external financing to stimulate the economy, modernize infrastructure, and transform state assets into platforms for sustainable returns.

According to Dabaiba, the project is expected to generate approximately $500 million in annual operating revenue, create 8,400 direct jobs and around 60,000 indirect jobs, position Libya at the heart of the logistical competition in the Western Mediterranean, enhance access to African markets, and support regional trade.

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