Latest news with #BenghaziMunicipality
Libya Herald
09-06-2025
- Business
- Libya Herald
Construction work progressing at Benghazi's new Tika airport
Benghazi Municipality reported that construction is progressing five months on from the start at Benghazi's new Tika airport. Under the supervision of the eastern based (Libyan) National Development Agency, the airport project is being constructed by the UAE company, Global Builders – Terminal Holding. The airport is advertised as having a capacity of 15 million passengers annually on a total area of 24 square kilometres, including a passenger terminal with expandable 12 aircraft gates and a transit building with an area of 129 thousand square meters, in addition to a special station for air cargo services, a presidential lounge (considered the first of its kind in Libya) and a free zone. The new airport will be dedicated to international flights, while Benina Airport will continue to operate for domestic flights. Benghazi Municipality reports that the project comes within the strategic plan for major projects implemented by a group of international and local companies. it says the airport project is one of the most prominent strategic projects in Libya because it is considered the largest international airport in North Africa in terms of area and capacity. It is, it adds, one of the vital projects that will contribute to strengthening the infrastructure of the air transport sector in Libya and providing advanced services to passengers, which supports the economic and social development of the country. . Signboards for Benghazi's new airport at Tika go up – UAE's Global Builders/Terminals company to implement Benghazi Municipality discusses with UAE's Terminals Company Benghazi Airport infrastructure project
Libya Herald
18-05-2025
- Business
- Libya Herald
Largest direct reduced iron (DRI) factory in the world to be established by Turkish company Tosyali in Benghazi
Benghazi Municipality reported yesterday that Saddam Khalifa Haftar supervised the implementation phases of the project to establish the largest direct reduced iron (DRI) factory in the world by Turkish company Tosyali. The project site is in Ras Al-Mangar area, east of Benghazi. Tosyali Solb Company, the executor of the project, is a consortium between the Turkish company Tosyali (30%) and the United Steel Company of Libya (70%). The first actual production is expected to start on 30 May with the first export shipments ready by the beginning of July of the same year. During the event, Saddam Haftar made a number of technical observations, stressing the importance of supporting the project through the establishment of a vocational and training academy for Libyan youth, which contributes to preparing qualified cadres to keep pace with the needs of the industrial sector. The project is being built under the supervision of the National Development Authority, on an area of 380 hectares overlooking the Mediterranean coast, with a production capacity of 7.5 million tons per year, making it the largest factory in the world in its field. Benghazi Municipality reports that the project is environmentally friendly, reducing energy consumption by 25%, reducing carbon emissions by 30%, providing about 7,000 direct and indirect job opportunities, in addition to its long-term profit returns, and its role in diversifying sources of income and developing the infrastructure of the national economy. The project includes a 3-kilometer export port, in addition to an accredited training academy, reflecting the integration of its industrial and logistical elements. Tags: iron and steelTosyaliTurkey Turkish
