No Result
View All Result
Monday, July 7, 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

Turkish firm inaugurates US$ 10 million concrete production facility in Libya

bySami Zaptia
February 23, 2021
Reading Time: 1 min read
A A
Turkish firm inaugurates US$ 10 million concrete production facility in Libya

(Photo: Karanfil Group).

By Sami Zaptia.

(Photo: Karanfil Group).

London, 23 February 2021:

Turkish company, Karanfil Group, said yesterday that it has inaugurated the largest concrete production plant in Libya.

[restrict paid=”true”] .. Its CEO, Fatih Sarı, said his company has spent US$ 10 million on the plant and plans to spend up to US$ 50 million. The plant will be able to produce up to 90 cubic meters of concrete per hour and aims to employ a thousand people.  Initially it will employ 250 people.

Sari said current supply in Libya is not meeting demand and his plant will also be able to supply the future demand of Turkish construction companies once they resume their stalled projects as well as demand from Libya’s neighbouring countries.

RELATED POSTS

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

Largest direct reduced iron (DRI) factory in the world to be established by Turkish company Tosyali in Benghazi

The company reported that it has been operating in Libya for 34 years in several fields, including logistics and supply and production. It plans future investments in petrochemical and energy.

It reported it already has branches in Tripoli, Misrata, Beida, Zliten, Tobruk, Zultun, Khoms and Zawia.

Sarı said Libya is the key to the African continent, which has 53 countries with an approximate population of 1 billion. He said it is possible to reach those countries in a shorter time via Libya and that his company can use Libya to expand their products and services exports. [/restrict]

Tags: concreteconstruction investment projectsfeaturedKarnafil Group TurkeyTurkey Turkish

Related Posts

CBL receives results from meetings with international banks
Business

A 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL ‎

July 2, 2025
Libya Herald exclusive: Responding to the prime minister’s call yesterday to the private sector and banks to do more, leading businessman Husni Bey responds
Business

Op-Ed: Reputational Damage Is Worse Than Losing Money

July 2, 2025
Benghazi port receives 398 containers of mixed goods, 25,000 tons of wheat, 28,500 tons of barley and 6,000 tons of cement
Business

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

July 2, 2025
World Bank holds off on Tunisian $50m power plant fund; implications for Libya
Business

Libya’s economy showed recovery in 2024, remained resilient despite reliance on hydrocarbons and ongoing political and security instability: World Bank

July 1, 2025
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
Next Post
Benghazi seminar on the Libyan National Register as pioneering solution in activating new e-government administration

Benghazi seminar on the Libyan National Register as pioneering solution in activating new e-government administration

As one deadline passes: HoR Tobruk starts preparations to hold session in Sirte to endorse new GNU

ADVERTISEMENT

Top Stories

  • Libya Herald exclusive: Responding to the prime minister’s call yesterday to the private sector and banks to do more, leading businessman Husni Bey responds

    Op-Ed: Reputational Damage Is Worse Than Losing Money

    0 shares
    Share 0 Tweet 0
  • CBL demands imports are conducted through official banking instruments and the elimination of the FX black market

    0 shares
    Share 0 Tweet 0
  • All imports into Libya must be paid for through official bank transactions

    0 shares
    Share 0 Tweet 0
  • Libya’s economy showed recovery in 2024, remained resilient despite reliance on hydrocarbons and ongoing political and security instability: World Bank

    0 shares
    Share 0 Tweet 0
  • A 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL ‎

    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

A 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL ‎

Op-Ed: Reputational Damage Is Worse Than Losing Money

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.