Libya and African Development Bank Group collaborate on transport sector reforms for economic recovery
via Libya Herald2 min read
The African Development Bank and Libya's Tripoli-based Ministry of Transport concluded a three-day workshop in Tunis to define a roadmap for implementing a strategic transport sector study. This initiative aims to support Libya's economic recovery. The workshop, held from April 15 to 17, brought together Bank experts and representatives from Libya's ministries of Finance and Transport, focusing on implementation arrangements. The Libyan delegation was led by Issam Abdallah Al-Qouri, Chair of the Preparatory Committee at the Ports and Maritime Transport Authority. The study is funded by a $340,000 grant from the African Development Bank Group's Middle-Income Country Technical Assistance Fund MIC-TAF, supplemented by Libyan Government funding. It will prepare a strategic transport sector plan to improve efficiency and performance, contributing to Libya's broader economic recovery reforms. The study will include a situational and gap analysis, a strategic plan with prioritized actions, policy and institutional reform recommendations, an action plan for private sector participation, and indicative financing options. It will also identify bankable public and private sector projects and build a stronger pipeline for future Bank engagement in transport and logistics infrastructure. Malinne Blomberg, the Bank Group's Deputy Director General for North Africa and Country Manager for Libya, emphasized that an efficient transport system connects people to opportunities, facilitates trade
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The Libya-France Finance Forum, co-located with Euro Place Meetings, is scheduled for June 8 in Paris. This event aims to support the growing economic and financial projects between Libya and France. The forum will offer participants a platform to understand the Libyan banking and financial sector, identify business and collaboration opportunities, and engage with key institutional and financial stakeholders, particularly from the Libyan banking sector. The presence of the Governor of the Central Bank of Libya is expected to enhance discussions and provide insights into Libya's financial landscape and potential collaborations with French entities. The forum is designed to foster sustainable economic and financial partnerships between the two countries.
The Libyan Industry Union LIU has launched the "Made in Libya" electronic platform, an initiative approved by the Minister of Economy and Trade. This national digital platform, owned by the LIU and supervised by the Ministry of Economy and Trade, is intended to support the digital transformation of the industrial sector and elevate national products. The LIU views this launch as a new phase managed by national expertise, aiming to connect factories, companies, and markets within a modern digital system. This initiative is part of the LIU's efforts to promote "Made in Libya" as a symbol of quality, production, and development. The LIU encourages factory owners, production companies, and agents across the country to register and join the platform to contribute to this transformation for the national economy and Libyan industry.
The United Nations Support Mission in Libya UNSMIL addressed recent demonstrations in front of its and UNHCR's headquarters, emphasizing the right of Libyans to accurate information and peaceful expression. UNSMIL expressed concern over the spread of disinformation, misinformation, and hate speech regarding the UN's work in Libya, which has led to increased tensions and incitement against UN staff. The UN reiterated that none of its agencies, including UNHCR, are implementing programs to resettle migrants in Libya, stating all contrary allegations are unfounded. UNHCR, in cooperation with Libyan authorities and the international community, is working to find solutions outside Libya for individuals fleeing conflict, including evacuation to third countries and voluntary return. UNSMIL condemned incitement to violence or threats against UN personnel, as well as acts of sabotage or attacks on its staff, headquarters, and property, calling on all parties to respect the inviolability of UN facilities. The mission also acknowledged the efforts of authorities in Tripoli to maintain public order and ensure the safety of demonstrators, UN personnel, and facilities.