Historically, Misrata’s manufacturing industry was oriented around traditional activities such as handicrafts, weaving and agriculture. As a result, the local economy was primarily centred around subsistence activities like farming and fishing. However, in response to technological advancements and the growing influence of globalisation, the region’s manufacturing sector has diversified into various fields over the decades, including textiles, chemicals, plastics, construction materials, electronics and consumer goods. Misrata’s current manufacturing segment encompasses a wide range of industries involved in transforming raw materials into finished goods through a variety of production processes. Some of the most important manufacturing activities in the region include machining, assembly, fabrication and packaging.
Iron & Steel
LISCO is becoming an increasingly prominent player in iron and steel manufacturing in both the region and the broader country. The company plans to export roughly 17,500 tonnes of reinforcing steel to Albania as part of a global export initiative exceeding 100,000 tonnes. LISCO has exported to 38 countries since 1989. Thanks to uninterrupted power supply and stable natural gas provisions, local market conditions have allowed for both production and exports to grow. LISCO benefits from lower domestic iron prices compared to international markets, creating export opportunities. This, combined with suppressed domestic demand and surplus inventory, has prompted LISCO to capitalise on high global iron prices to pursue an exportled growth strategy to generate hard currency returns. The company has substantial stockpiles of rebar and hotrolled iron awaiting shipment. Despite operating below its maximum capacity, LISCO’s factory has the potential for further expansion in the years ahead.
Automotive Components
Manufacturers are focused on assembly, repairs, distribution and customer service, with future potential to supply both domestic and international markets with parts and vehicle manufacturing, as the industry develops the necessary investment in infrastructure and capacity building.
Textiles & Garments
The textile and garment industry is another important industrial subsector in the region. Manufacturers produce a wide range of fabrics, yarns and clothing items, catering to both domestic and export markets. The textile industry also provides employment opportunities in Misrata and contributes to the city’s overall export revenue.
Food Processing
The food-processing industry plays a vital role in adding value to agricultural products and meeting demand for processed food items. Manufacturers in Misrata engage in the production of packaged foods, canned goods, beverages and other processed food products, catering to both local consumption and export markets.
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