No Result
View All Result
Sunday, July 13, 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

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 establishes first private-sector led industrial financing fund in Libya

Aldabaiba and Menfi stress use of polling feedback to establish consensus basis for constitutional process: report and analysis

“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

CBL receives results from meetings with international banks
Business

CBL workshop on ‎”The Role of the Banking Sector in Revitalising Stalled Housing Projects and Urban Development”‎ to be held in Tripoli on 13 July

July 11, 2025
Preparations for the second ‘‘Made in Libya’’ edition in Niamey, Niger progressing
Business

“Made in Libya” exhibition to be held in Benghazi from 10 to 13 August

July 11, 2025
Sirte and BACB to improve cooperation
Business

Sirte Oil completes drilling of horizontal well in Zilten field producing 1,985 bpd using local cadres

July 11, 2025
Libya Development and Reconstruction Fund signs contract with Turkey’s Ankamenia for maintenance of Benghazi University’s medical colleges
Business

Libya Development and Reconstruction Fund signs contract with Turkey’s Ankamenia for maintenance of Benghazi University’s medical colleges

July 10, 2025
Libyan olive oils win gold at Anatolian, Berlin and Japan 2025 international olive oil competitions
Business

Libyan olive oils win gold at Anatolian, Berlin and Japan 2025 international olive oil competitions

July 10, 2025
NOC announces force majeure at Zawia port
Business

Libyan Fertiliser Company’s urea plant achieves a 95 percent production rate

July 10, 2025
Next Post

Derna university working again after forced closure

Air Force Colonel assassinated and businessman shot dead in Derna

ADVERTISEMENT

Top Stories

  • Benghazi port receives 398 containers of mixed goods, 25,000 tons of wheat, 28,500 tons of barley and 6,000 tons of cement

    All imports into Libya must be paid for through official bank transactions

    0 shares
    Share 0 Tweet 0
  • Libya Development and Reconstruction Fund signs contract with Turkey’s Ankamenia for maintenance of Benghazi University’s medical colleges

    0 shares
    Share 0 Tweet 0
  • BP to reopen office in Libya, Shell discusses prospects for cooperation in oil field development‎

    0 shares
    Share 0 Tweet 0
  • Libyan olive oils win gold at Anatolian, Berlin and Japan 2025 international olive oil competitions

    0 shares
    Share 0 Tweet 0
  • Aldabaiba opens First Phase of Tripoli’s Third Ring Road

    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

CBL workshop on ‎”The Role of the Banking Sector in Revitalising Stalled Housing Projects and Urban Development”‎ to be held in Tripoli on 13 July

Attorney General provides update on investigation of incidents resulting from Tripoli 2025 armed clashes and demonstrations

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.