No Result
View All Result
Tuesday, July 1, 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

Express Passenger Transport Company to buy buses from Libya’s Tajura Truck and Buses assembly plant

bySami Zaptia
September 30, 2019
Reading Time: 2 mins read
A A
Express Passenger Transport Company to buy buses from Libya’s Tajura Truck and Buses assembly plant

(Logo: TBCo.).

By Sami Zaptia.

(Logo: TBCo.).

London, 30 September 2019:

Libya’s Express Passenger Transport Company is to buy buses from the Tajura based state-owned Truck and Buses Company (TBCo).

TBCo reported last Wednesday that the Express Passenger Transport Company wishes to increase its passenger routes to various Libyan cities.

TBCo has had a long-standing agreement to assemble trucks and buses with the Italian company IVECO, and is probably better known for the thousands of IVECO ‘Daily’ white micro buses that carry most of Libyan passengers all over Tripoli.

RELATED POSTS

Comment: The IVECO-TbCo impasse was resolved by hard work and determination to continue a business relationship – a possible template for other impasses?

Libya’s state Trucks and Buses Company (TbCo) signs agreement with IVECO to rerestart production

It will be recalled that a separate company, Asahem/Essahim Company had announced that it had signed an agreement with a Chinese company to manufacture for it up to 130 public transport buses for use in Tripoli. The first batch have arrived in Tripoli and an airport shuttle from Tripoli to Misrata airport has started operating.

In March, TBCo had aired its objection to the import of these public buses, announcing that it had the capability to manufacture these buses locally. It also announced that it had complained to the Libyan government citing the infringement of laws protecting local production.

Meanwhile, the state-owned Express Passenger Transport Company has been struggling to continue running its routes, including its routes to Tunis and Cairo. It lacks foreign currency funds to import spare parts or import new buses and after 4 April and the Tripoli fighting, it lost its fuel depot situated in the battlefront.

 

 

The fuel depot is supplied with fuel at the official (and highly subsidised) price and it has not been able to operate using inflated black-market fuel prices.

Writing in May 2012 about the production of the first post-2011 revolution bus off TBCo’s production line, Libya Herald had stated that ‘‘The speedy production of the first post revolution bus by the local factory could be seen as an attempt by it to save itself from closure as it tries to prove that it can survive purely on a business bases’’.

We had added that ‘‘It is to be recalled that many, if not most, of the state-owned enterprises have been loss-making operations for decades under the previous regime and were in the process of liquidation and closure. They were seen as sources of corruption, job formation and a means of hiding unemployment’’.

We also postured that ‘‘There is no doubt that both the present Transitional Government and the post-election Temporary Government will be under immense political pressure to keep the factory going in order to create jobs for the masses of unemployed Libyan youth. However, it remains to be seen if the factory is able to operate profitably and if it is able to compete with Far Eastern imports – without any subsidies? ‘’

Those questions about Qaddafi-era entities are still valid today and may account for why the ‘‘independently’’ controlled Asahem/Essahim Company chose to import from China rather than manufacture from an existing factory in Libya.

 

https://www.libyaherald.com/2019/09/25/tripoli-misrata-airport-express-shuttle-bus-service-launched/

 

https://www.libyaherald.com/2019/08/27/first-batch-of-chinese-made-public-transport-buses-arrive-in-tripoli/

 

https://www.libyaherald.com/2019/07/10/first-batch-of-public-transport-buses-shipped-from-china/

 

https://www.libyaherald.com/2019/03/27/libya-signs-contract-with-chinas-king-long-for-130-buses/

 

 

https://www.libyaherald.com/2019/09/10/new-private-sector-fleet-of-wasel-school-buses-arrive-in-benghazi/

 

https://www.libyaherald.com/2012/05/06/first-post-revolution-passenger-bus-rolled-out-by-the-libyan-truck-and-bus-company/

 

https://www.libyaherald.com/2017/11/08/new-bus-operations-for-tripoli-and-benghazi/

 

Tags: Essahim Asahem Compay for Public TransportfeaturedIVECOMicro busesPassenger Express Transport CompanyTruck and Bus Company Tajura TBCo

Related Posts

CBL receives results from meetings with international banks
Business

CBL demands imports are conducted through official banking instruments and the elimination of the FX black market

July 1, 2025
Harouge Oil reaches record 45,000 bpd production – to increase it by 25,000 bpd
Business

Harouge Oil Operations Company replaces Al-Ghani field pipeline

July 1, 2025
Economy Minister Hwej reviews his ministry’s implementation of its 2023 plan and issues several directives
Business

Exchanging notifications of the arrival of commercial ships through the (PTS) electronic trade portal starts

July 1, 2025
CBL reduces annual hard currency transfer limit for individuals
Business

Ministry of Economy warns against currency speculation

July 1, 2025
LBC leading delegation to Miami for America’s Food and Beverage Show – 18 to 20 September
Business

LBC establishes first private-sector led industrial financing fund in Libya

June 30, 2025
CBL goes public at last about the counterfeit LD 50 notes – notes to be withdrawn until end of August
Business

CBL reveals discovery of LD 3.5 billion in counterfeit 50-dinar notes printed in Russia – PM calls on Attorney General to open investigation

June 30, 2025
Next Post

UNSMIL condemns armed threat on Finance Ministry

Municipality of Central Tripoli collects 1,372 tons of rubbish off streets over four days

Municipality of Central Tripoli collects 1,372 tons of rubbish off streets over four days

ADVERTISEMENT

Top Stories

  • NOC announces force majeure at Zawia port

    NOC signs MoU with Turkish oil company TPAO for geological and geophysical study of four marine areas

    0 shares
    Share 0 Tweet 0
  • Libyan Italian Forum concludes with the signing of 98 MoUs

    0 shares
    Share 0 Tweet 0
  • Italian airliner ITA lands at Benghazi’s Benina airport for the first time in 14 years

    0 shares
    Share 0 Tweet 0
  • CBL reveals discovery of LD 3.5 billion in counterfeit 50-dinar notes printed in Russia – PM calls on Attorney General to open investigation

    0 shares
    Share 0 Tweet 0
  • First scheduled flight lands at Kufra airport – good news for Libya’s wider aviation sector

    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 demands imports are conducted through official banking instruments and the elimination of the FX black market

Harouge Oil Operations Company replaces Al-Ghani field pipeline

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.