No Result
View All Result
Tuesday, March 3, 2026
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

Conference on air transport held in Tripoli

bySami Zaptia
February 3, 2014
Reading Time: 2 mins read
A A

By Sami Zaptia.

Tripoli, 3 February 2014:

At a conference on the Libyan air transport sector held in Tripoli on Sunday , Deputy . . .[restrict]Minister for Air Transport Mohamed Al-Nimer said that “creating a transport sector full of investment opportunities in Libya is going to be a challenge”.

“There needs to be strong and successful management to take advantage of the opportunities that Libya offers. Libya has a strategic position in the middle of the Mediterranean and is located midpoint between industrial Europe and the raw material source of Africa. Libya’s large geographic spread makes it ideal for air transport” the Deputy Minister added.

However, Al-Nimer was realistic about the challenge his sector faces.”The challenges facing Libya are real” he said, highlighting “security and the spread of arms” as one of the major obstacles to short term progress. “This is more serious for air transport”, he added, saying that security affects other services needed by the sector.

RELATED POSTS

LBC launch first session of institutional dialogue initiative between public and private sectors – to improve business environment

LBC and Libyan African Council for Sub-Saharan Countries held its first official meeting – an action plan to enhance Libya’s economic presence in Africa is agreed

“Today Libya has numerous airports, planes, air transport companies”, the Deputy Minister, said, but that other challenges such as the lack of competition, human resource issues, and strikes have hampered progress” in the sector.

Speaking for the private sector, on the other hand, leading businessman Hunsi Bey said that the private sector was the only way forward for the development of Libya’s air transport sector. Bey said that the public aviation sector had failed in the developed world and would therefore not succeed in Libya either.

Bey stressed that all the private sector needed was for the state to vacate the business field and allow the private sector to operate freely.  With regards to the future expansion of the ibyan air transport sector, Bey was adamant that it came from the private sector. Only the private sector could be competitive, efficient and able to introduce the necessary new technology that the sector needed.

With regards to raising standards and human resource development within the sector, Bey said that this too should be eft for the private sector. Bey advised against sending all trainees abroad, but insisted on privately owned institutes being established locally.

Bey said that the private sector in Libya was still relatively small, contributing about 15% to GDP, whereas the world average was about 40%. Bey said that the new post February 17th Libyan regime had to support the private sector to grow.

Bey was very optimistic about the potential for growth in Libya’s aviation sector, saying that passenger and cargo traffic should double as per international forecasts every 8 years. However, this growth should be private sector led, and not channeled through the failed state-sector.

It will be recalled that last week a seminar was organised by the Tripoli Chamber of Commerce on the transport sector. [/restrict]

Tags: air transportInvestmentprivate sectorsecurityweapons

Related Posts

GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Business

PM Aldabaiba discusses with Shell activating January’s MoU expediting its return to the Libyan market – supporting its exploration and development programmes

March 2, 2026
Economy Minister Hwej reviews his ministry’s implementation of its 2023 plan and issues several directives
Business

Unified Chambers of Commerce Digital System launched – to develop e-services within Libya’s chambers of commerce including digital certificates, trade stats and verification

March 2, 2026
AGOCO reactivates stalled old Nafoura well to produce 1,200 bpd
Business

Arabian Gulf Oil Company launches second phase of “Think About Tomorrow” Initiative by planting 30 hectares around Al-Nafoura Field

March 2, 2026
Mabruk field resumes production at 25,000 barrels per day following successful commissioning of new early production unit
Business

Mabruk field resumes production at 25,000 barrels per day following successful commissioning of new early production unit

March 2, 2026
LBC leading delegation to Miami for America’s Food and Beverage Show – 18 to 20 September
Business

LBC launch first session of institutional dialogue initiative between public and private sectors – to improve business environment

March 2, 2026
‘‘U.S. experts’’ visit Sirte’s single pivot agricultural irrigation circles – 87 irrigation circles will be restarted in 2025
Business

NDA launches construction of Sebha’s Rose Palace Hotel – implemented by Turkey’s Nova Global company

March 1, 2026
Next Post

Derna university working again after forced closure

Air Force Colonel assassinated and businessman shot dead in Derna

Top Stories

  • Gunfire at Tripoli demonstrations calling for downfall of all corrupt domestic political entities and the UN – calling for lower prices, a cheaper dollar and better standard of living

    Gunfire at Tripoli demonstrations calling for downfall of all corrupt domestic political entities and the UN – calling for lower prices, a cheaper dollar and better standard of living

    0 shares
    Share 0 Tweet 0
  • As the dollar breaks the LD 10.50 mark, Aldabaiba attempts to deflect blame squarely onto Hafter for Libya’s runaway economic crisis

    0 shares
    Share 0 Tweet 0
  • Demonstrations continue in Zawia for the second day in a row against all incumbent political entities as standards of living continue to diminish

    0 shares
    Share 0 Tweet 0
  • Hafter’s forces claim liberation of all its kidnapped soldiers at the southern Al-Toum border checkpoint from local militias

    0 shares
    Share 0 Tweet 0
  • HSC’s proposals to reform Libya’s economy include abolishing proposed taxes, suspending development spending, prioritising imports, monitoring LCs

    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

PM Aldabaiba discusses with Shell activating January’s MoU expediting its return to the Libyan market – supporting its exploration and development programmes

Unified Chambers of Commerce Digital System launched – to develop e-services within Libya’s chambers of commerce including digital certificates, trade stats and verification

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.