Libya has a population of 6.9 million and it is expected to grow to 7.6 million by 2030 as per ABiQ’s forecasting tool. A ceasefire agreement was signed by warring parties in the last few weeks. After an almost decade long civil war, most of the transport infrastructure will have to be rebuilt.
Transport projects forecast for Libya
According to ABiQ, the Business Intelligence platform, Libya has more than $1.5 billion of active transport infrastructure projects with more to follow once a much-awaited peace accord has been signed. These projects include the rebuilding of airports, ports, and highway infrastructure which were either damaged or completely destroyed during the civil war. Get in touch with ABiQ for detailed information on these projects.
Using its forecasting tool, ABiQ predicts there will be an increase in building transport infrastructure and particular road infrastructure as the population grows.
Value of Transport Infrastructure projects in North Africa – Source: ABiQ (Aug 2020)
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