No Result
View All Result
Thursday, October 9, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

Tripoli Chamber holds seminar on transport sector

bySami Zaptia
January 30, 2014
Reading Time: 2 mins read
A A
Tripoli Chamber holds seminar on transport sector

The Tripoli Chamber of Commerce organized a seminar on the transport sector (Photo: Sami Zaptia).

By Sami Zaptia.

The Tripoli Chamber of Commerce organized a seminar on the transport sector (Photo: Sami Zaptia).
The Tripoli Chamber of Commerce organized a seminar on the transport sector (Photo: Sami Zaptia).

Tripoli, 30 January 2014:

The Tripoli Chamber of Commerce organized a seminar on Libya’s transport sector at its headquarters in . . .[restrict]Tripoli Wednesday.

The event was attended by no less than three Deputy Ministers for Transport, members of the Chambers of Commerce, the business community and specialists in the various transport sectors.

The seminar was aimed at identifying the barriers to the improvement of Libya’s transport sector and providing suggested solutions in line with the country’s target to diversify its economy away from the hydrocarbon sector and through the private sector.

RELATED POSTS

“Decision-Making and Implementation Meeting: A Direct Dialogue between the Central Bank of Libya and the Private Sector” workshop to be held in Tripoli tomorrow

Tripoli Chamber of Commerce to participate in 14th Arab Greek Economic Forum in Athens – 26 to 27 November

Libya’s Qaddafi-era anti private sector laws were identified as the major barrier to the development of Libya’s land, air and maritime transport sectors.

These needed urgent reforms so as to free private business into expanding its role in the three transport sectors.

This reform included the need to create the adequate general business environment in Libya for entrepreneurs in order to encourage competition in the sector.

Paramount to this, participants noted, is the need to reduce the role of the state in the transport sector specifically and in Libyan business generally by privatizing the operation of transport hubs such as ports, airports and public transport. The state is not and can never be an entrepreneur, it was stressed, and could never operate sectors in an enterprising and competitive manner.

One of the most important barriers to the development of Libya’s land, air and maritime transport sectors to be identified in the seminar was the lack of availability of banking finance.

This lack of finance, it was agreed, hinders the capability of the private sector from investing and expanding in all three sectors. It was therefore seen as imperative that the banking sector laws and rules and regulations be reformed urgently to allow Libya’s cash-rich local banks to lend to the local market.

The need to implement international standards across a wide spectrum of the Libyan transport sector including in health and safety, and security of transport hubs was also highlighted.

With specific regards to the air transport sector, urgency was needed to find solutions to the causes of the EU imposed air ban on Libyan registered airlines. This was losing the locally registered airlines much revenue at a time when Libya needed this revenue most.

The idea of Libya introducing an “open skies” policies, to allow other airliners to freely fly over Libya was discussed. Participants felt that the Libyan air transport sector was not ready yet as it was under developed and unable to compete with its more competitive international counterparts. It was felt that a period of time was needed for the sector to consolidate itself prior to opening it up completely to international competition.

On the issue of airport fees, it was felt that  Libya’s airport fees were very low in comparison to those charged by their peers. It was felt that these needed to be reviewed.

Labour relations were also discussed including the need for the workforce at the state-owned transport hubs to adopt modern work practices, including flexible working hours as well as being prepared to co-exist and cooperate with the private sector.

In conclusion it was decided during the meeting to create three specific committees; land, air and a maritime transport committee to present conclusions and suggestions as well as liaise with the Ministry of Transport on moving the sector forward. [/restrict]

Tags: diversificationMinistry of TransportprivatizationTripoli Chamber of Commerce

Related Posts

NESDB discusses food security and social protection with World Food Programme
Business

National Social and Economic Development Board organises dialogue on economic policy alignment

October 9, 2025
Minister of Industry meets the Committee for Localisation of Oil Materials and Equipment Industry
Business

Ministry of Industry and Minerals discusses establishment of cement factory with Hungarian company Rotary International Ltd

October 9, 2025
Benghazi Chamber participates in workshop on the blue economy
Business

Benghazi Chamber of Commerce and Libyan Italian Chamber of Commerce discuss cooperation, strengthening economic relations between the two countries

October 9, 2025
LBC leading delegation to Miami for America’s Food and Beverage Show – 18 to 20 September
Business

LBC meets Serbian Ambassador to discuss private sector cooperation and the Libyan Serbian Business Forum to be held in Belgrade at the end of 2025

October 9, 2025
CBL receives results from meetings with international banks
Business

CBL reviews foreign assets totalling US$ 98.8 billion with investment return of US$ 2.2 billion to September

October 8, 2025
CBL receives results from meetings with international banks
Business

CBL announces that first ‘‘Absolute Speculative’’ Certificates of Deposit will be issued to banks from 12 October

October 8, 2025
Next Post

Zintani and Sebha forces secure local airport

Conference on aviation and air transport 2 February, Tripoli

ADVERTISEMENT

Top Stories

  • CBL reduces annual hard currency transfer limit for individuals

    Dollar exchange rate falls to Libyan Dinar in black-market four days after end of deadline for withdrawal of old LD 5 and LD 20 notes

    0 shares
    Share 0 Tweet 0
  • Eni North Africa resumes exploratory drilling in offshore area D (mn41) northwest of Libya – after 5-year hiatus

    0 shares
    Share 0 Tweet 0
  • Libya and UAE discuss resumption of flights – Airline delegations to visit Libya soon to discuss flight resumption dates

    0 shares
    Share 0 Tweet 0
  • Bilateral Chamber to hold high-level U.S.-Libya Ministerial Roundtable in Houston on 13 October

    0 shares
    Share 0 Tweet 0
  • Air traffic increasing over Kufra Airport airspace – up to 100 international airliners per day

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

Omar Al-Mukhtar University signs three MoUs with Malaysian academic institutions

National Social and Economic Development Board organises dialogue on economic policy alignment

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.