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Misurata cement plant moves closer to launch
Misurata cement plant moves closer to launch

Libyan Express

time4 days ago

  • Business
  • Libyan Express

Misurata cement plant moves closer to launch

Libya's LAIP accelerates progress on Misurata cement plant The Libya Africa Investment Portfolio (LAIP) is continuing preparations for the launch of the Misurata Cement Plant, as part of its broader strategy to implement industrial projects that support Libya's economic development. The technical committee overseeing the project, appointed by LAIP, held its tenth meeting of the year on Tuesday at the portfolio's headquarters in Tripoli. The meeting focused on reviewing key technical and logistical requirements to ensure the project proceeds according to schedule. Discussions included coordination with the National Oil Corporation to secure the supply of natural gas and heavy fuel oil required for the plant's operations. The committee also examined ongoing communication with the General Electricity Company of Libya to explore options for providing the necessary electrical power to the site. The committee further addressed infrastructure planning, particularly engagement with the Ministry of Transport regarding the construction of a 10-kilometre paved road linking the project site to the national road network — a critical step for accessibility and logistics. In addition, an agreement was reached with the Industrial Research Centre to carry out a geological survey aimed at updating previous studies and assessing the long-term availability of raw materials at the site. The results will support the plant's sustainability, with operations projected to span up to 50 years. Subcommittees also presented technical reports evaluating the current status of engineering works, carried out in collaboration with several local consulting firms. The committee reviewed the existing contract with the Chinese company Sinoma – Wuhan, and initiated negotiations to revise specific provisions as part of a renewed contractual arrangement. These activities form part of LAIP's ongoing efforts to complete pre-operational preparations and ensure that installation works commence within the designated timeframe, in accordance with approved technical and engineering standards.

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