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Libya Industry Sector Research Highlights

Libya Industry Sector Research Highlights
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Zeyad Aljroushi, Corporate Communications & CSR Director, and Yousef Swehli, Production Manager, of Al Naseem Food Industries, Libya’s dairy sector offers new investment opportunities

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Focus Report: How Special Economic Zones are shaping Africa's industrial landscape

En Français As Africa embraces the transformative power of the African Continental Free Trade Area (AfCFTA), Special Economic Zones (SEZs) emerge as pivotal catalysts for regional economic growth.The impact of AfCFTA on SEZs on the continent is a key part of Africa’s growth, through improved market access, reduced trade barriers, and participation in regional value chains, which all enhance…
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The Report: Misrata 2024
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Misrata is playing a central role in the diversification of Libya's economy, focusing on the shipping, manufacturing, automotive, construction, ICT, health care and education sectors. With strategic ports like Tripoli, Benghazi and Misrata, the government aims to make the country an international trade hub through partnerships with private investors for port modernisation. Tax incentives and free

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Automation and digitalisation boosts manufacturing in Misrata
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Misrata’s manufacturing segment has witnessed significant technological advancement and innovation. Automation and digitalisation have begun improving production processes, efficiency and productivity in some cases. Advanced machinery, such as computer numerical control machines and robotics, is being adopted to streamline operations and reduce costs. Digital technologies and data analytics are…
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Mohamed Al Faqih, Chairman, LISCO: Interview
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Interview:Mohamed Al Faqih How does infrastructure in Misrata support manufacturing, and what role do large infrastructure projects play in supporting local industries? MOHAMED AL FAQIH: Manufacturing has been confronted with the challenge of intermittent electricity supply in recent years. However, the improved consistency of power supply has resulted in an increase in production output, highlighting…
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Naohiro Masuda, Managing Director – CEO, Toyota Libya: Interview
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Interview:Naohiro Masuda How do you assess the automotive industry following the Covid-19 pandemic and other economic challenges in recent years? NAOHIRO MASUDA: During periods of civil conflict or economic disruption, it is difficult for consumers to make large purchases. As we move beyond the pandemic and instability in the past decade, consumers are beginning to have a higher level of…
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Abdallah BenNaser, Chairman, Almadina Misurata Paints: Interview
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Interview:Abdallah BenNaser How have recent supply chain disruptions impacted raw material imports and manufacturing in Misrata and the broader region? ABDALLAH BENNASER: The recent global disruptions resulting from the Covid-19 pandemic led to more than a 100% price increase for certain raw materials and higher shipping costs, particularly from China. Additionally, factory closures worldwide…

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Automotive industry plays a critical role in Misrata’s economy
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The automotive industry plays a significant role in the local economy, contributing to employment, trade and economic growth. Between 2005 and 2011 annual sales of passenger vehicles in Libya ranged from 35,000 to 39,000 units. This fell significantly in 2012 but had recovered by 2015. Although the national automotive market has been slow to rebound from its decline to 11,000 vehicles sold in 2017,…

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How manufacturing became a driver of economic growth in Misrata
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Libyan manufacturing historically focused on processing domestic crops, livestock products and handicrafts. Benghazi and Tripoli were the country’s primary centres of industry, with Italians owning a significant share of many enterprises. After the 1969 revolution the government reconfigured its industrial policy to gain control over sensitive and large-scale production and reduce foreign influence.…

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How Misrata’s trade efforts align with economic diversification
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Trade has played a significant role in Libya’s economy since the early 2000s, although it faced significant challenges due to economic and trade sanctions imposed by Western governments prior to the revolution. The outbreak of the civil war in 2011 had a detrimental impact on economic growth. However, in recent years there has been a modest resurgence in trade, particularly as stability…

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