Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    AstraZeneca and OMP Demonstrate Planning at the Speed of Change at Gartner Supply Chain Symposium/Xpo(TM) 2026

    May 8, 2026

    EFGH and Nosmay Launch NKWA as Ghana’s First Digital Levy Collection Wallet; EFGH to Make Voluntary Contributions of 10% of its Ghana-Derived Revenues as Social Investment to Ghana’s Statutory Development Fund, DACF

    May 8, 2026

    Policybazaar expands presence in GIFT City, brings strategic investment opportunity for NRIs and reinsurers

    May 8, 2026
    Arab GridArab Grid
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Arab GridArab Grid
    Home » Misurata Free Zone Authority Signs $2.7 billion Landmark PPP to Transform Misurata Free Zone Port into a leading Mediterranean Gateway and Transhipment Hub
    PR Newswire

    Misurata Free Zone Authority Signs $2.7 billion Landmark PPP to Transform Misurata Free Zone Port into a leading Mediterranean Gateway and Transhipment Hub

    January 20, 2026
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    MISURATA, Libya, Jan. 20, 2026 /PRNewswire/ — Misurata Free Zone (MFZ) signs a landmark public–private partnership to modernize, manage, develop, and expand the Misurata Free Zone Port, Libya’s main container gateway and the country’s most commercially active maritime hub. This agreement marks the first major Public-Private-Partnership infrastructure project outside Libya’s energy sector, signalling a new phase in the country’s economic recovery and ability to attract reputable global operators and investors.

    Signing ceremony, Misurata - (from left to right):Mr. Ammar Kanaan, Chief Executive Officer, Terminal Investment Limited (TiL); Mr. Muhsin Sigutri, Chairman, Misurata Free Zone; Mr. Diego Aponte, President, MSC Group; H.E. Antonio Tajani, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation of the Italian Republic; H.E. Abdul Hamid Dbeibah, Prime Minister of the Government of National Unity of Libya;H.E. Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister and Minister of Foreign Affairs of the State of Qatar; Mr. Aboobacker Manattukundayil, President, Maha Capital Partners

    Under the terms of the partnership, MFZ will collaborate with Maha Capital Partners (MCP), an international infrastructure investor headquartered in Doha, and Terminal Investment Limited (TIL), the port operator of MSC, the world’s largest container shipping line. Together, the partners aim to transform Misurata Port into a modern, efficient, high-capacity facility that strengthens Libya’s role in regional and global trade.

    Speaking at the signing ceremony, Abdulhamid Aldabiba Prime Minister of Libya stated: “This partnership represents an important milestone in Libya’s economic recovery and infrastructure modernisation. It demonstrates our commitment to rebuilding strategic assets through structured public–private cooperation and to creating the conditions for sustainable growth, investment, and international confidence.”

    MFZ Chairman Muhsin M. Sigutri added: “This partnership reflects Misurata’s determination to build modern, internationally competitive infrastructure that can unlock new industries, support local employment, and strengthen Libya’s position within regional and global supply chains. MFZ was created to be a gateway for investment and growth, today we take a decisive step toward realising that vision.”

    Established in 2000 as Libya’s first and largest free zone, MFZ oversees a 2,576-hectare economic area, with plans to reach 20,000 hectares, and manages the port that handles around 60–65% of all of Libya’s container trade.

    The partnership includes:

    • Expansion of container-handling capacity to accommodate larger vessels and support complex logistics chains.
    • Integration with MFZ’s industrial ecosystem, boosting opportunities for SMEs, manufacturing, and value-added services.
    • Deployment of state-of-the-art terminal equipment and digital systems.
    • Enhanced safety, performance, and environmental standards, aligning operations with world-class benchmarks.
    • Long-term job creation.

    The partnership also establishes the foundation for Misurata’s evolution into a deep-sea port, a central ambition for Libya’s competitiveness in the Mediterranean. This future development forms part of a broader investment programme to be deployed in phases.

    These upgrades reinforce Misurata’s historic role as one of Libya’s most dynamic commercial centres and a symbol of resilience since 2011.

    Image Sept:
    Leslie Jung / Marie-Luce Skraburski
    MFZ@image7.fr

    Photo – https://mma.prnewswire.com/media/2864652/Misurata_Free_Zone.jpg
    Logo – https://mma.prnewswire.com/media/2864651/5724341/Misurata_Free_Zone_Logo.jpg

    Misurata Free Zone Logo

     

    Cision View original content:https://www.prnewswire.co.uk/news-releases/misurata-free-zone-authority-signs-2-7-billion-landmark-ppp-to-transform-misurata-free-zone-port-into-a-leading-mediterranean-gateway-and-transhipment-hub-302664742.html

    Related Posts

    EFGH and Nosmay Launch NKWA as Ghana’s First Digital Levy Collection Wallet; EFGH to Make Voluntary Contributions of 10% of its Ghana-Derived Revenues as Social Investment to Ghana’s Statutory Development Fund, DACF

    May 8, 2026

    Policybazaar expands presence in GIFT City, brings strategic investment opportunity for NRIs and reinsurers

    May 8, 2026

    Ajman Department of Tourism, Culture and Media Strengthens the Presence of Emirati Crafts at “Make it in the Emirates 2026”

    May 7, 2026

    Abu Dhabi Opens Its ‘Living Lab’ to the World to Accelerate the Future of Health

    May 7, 2026

    Euphoria Press Leads Deployment of ECOWAS National Biometric ID Card in Nigeria, Powered by OSD Personalisation Technology

    May 7, 2026

    ADGM Announces Man Group’s Commitment to Establish Presence in Abu Dhabi

    May 7, 2026
    Latest News

    Nikkei 225 closes at record after topping 62000

    May 7, 2026

    UAE president and Greek PM hold Abu Dhabi talks

    May 7, 2026

    Pakistan clears donkey meat exports to China from Gwadar

    May 5, 2026

    Hantavirus probe deepens after deaths on Atlantic cruise

    May 4, 2026
    © 2026 Arab Grid | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.