🇱🇾Libya Herald·2 hours ago
Libya and African Development Bank Group collaborate on transport sector reforms for economic recovery
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