No Result
View All Result
Tuesday, October 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

Economy Minister Hwej says development of the south needs US$ 10 billion for several years, calls for Libya’s division into ten governorates

byLibya Herald reporter
January 4, 2023
Reading Time: 3 mins read
A A
Economy Minister Hwej says development of the south needs US$ 10 billion for several years, calls for Libya’s division into ten governorates

Economy Minister Hwej says development of the south needs US$ 10 billion for several years, calls for Libya’s division into ten governorates (Photo: Libya Herald).

Tripoli, Under the slogan “Challenges of Reality and Steps to the Beginning”, the Libya International Spatial Development Forum was held today at the Radisson Blu Hotel in Tripoli.

The event was held in the presence of Ramadan Boujanah, Deputy Prime Minister, Mohamed Al-Hwej, Minister of Economy and Trade, several undersecretaries, specialists and interested parties from state institutions, business leaders, and a group of dignitaries from the Libyan south.

Seeking a vision for spatial development and transit trade in the south
The forum seeks to set a clear vision for transit trade as a start for the wheel of spatial development in the south and to provide academic and professional knowledge represented in the data and information related to the transit trade project. It seeks to provide a full briefing on the characteristics and advantages of the Libyan south and to draw a road map for the development of the regions of the Libyan south through transit trade and its services.

Establishing spatial development in the south needs US$ 10 bn
In his speech at the event, Minister of Economy and Trade Hwej said, “Before talking about transit trade, we must talk about establishing spatial development by encouraging agriculture, especially the cultivation of olives and palm trees, and paying attention to industries based on raw materials that are abundantly available in the south of Libya – before talking about transit trade.”

Stressing that the south, which suffers from marginalization and neglect, needs nearly ten billion dollars for its development.

RELATED POSTS

Symposium on ‘‘Transit Trade and Logistics Transformation’’ held in Tripoli on 23 September

CBL and Economy Ministry coordinate to regulate imports and foreign exchange market

Transit trade needs infrastructure expenditure: airports, ports, roads, and warehouses
Minister Hwej said Libya will need four main airports in large cities to establish transit trade, deep ports to accommodate ships of large sizes and deep drafts, and two main roads.

One of these transit trade roads would extend from Misrata to the southern Free Zone of Tamanhint and from there to Niger and the rest of the sub-Saharan African countries. The second road would extend from Benghazi’s Port of Jilliana to Port Sudan and from there to post-South Sudan countries. There will be the need to establish huge storage warehouses distributed on these two roads in the areas it passes through to store goods and commodities destined for Africa

Libya should be divided into 10 governorates
Hwej called for the division of Libya into ten governorates, whereby special budgets are allocated, and each governorate disposes of its budget in line with its interests, so that it is characterized by complete freedom in determining its priorities.

No clear vision
the Economy and Trade Minister noted that the problem in Libya is that there is no clear vision, and this vision must be quickly developed and directed towards a benefit economy and away from old ideas, as the world builds its relations on interest.

Directing his speech to Deputy Prime Minister Ramadan Boujanah, Hwej asked Boujanah to pressure the government to pay more attention to the south, which is considered Libya’s food basket and the pillar of its policies.

 

‘‘Made in Libya’’, Niamey, Niger 6 to 11 March 2023: to aid exports, transit trade and economic diversification (libyaherald.com)

‘‘The Importance of Railways to Sustainable Growth, Transit Trade and Economic Development’’ workshop – Tripoli, 22 November (libyaherald.com)

Misrata Chamber to hold preparatory meeting for the African Forum and Exhibition for Transport and Transit Trade (libyaherald.com)

Ministry of Economy and Trade discusses mechanism of activating transit trade, free zones and Africa Transport and Transit Trade Forum (libyaherald.com)

Misrata Chamber and Niger delegation discuss improved bilateral and African transit trade (libyaherald.com)

Transit trade: 232 containers transit through Misrata Free Zone port from Barcelona to Sfax (libyaherald.com)

 

 

Tags: economy minister Mohamed Hwej GNURamadan Abujanah Second Deputy Prime Minister GNUspatial and regional developmenttransit trade

Related Posts

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

Transport Minister Shahoubi stresses adherence to ICAO recommendations and raising Mitiga’s operational performance‎

October 7, 2025
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Business

Libya and UAE discuss resumption of flights – Airline delegations to visit Libya soon to discuss flight resumption dates

October 7, 2025
Mellitah Oil & Gas looking to charter three helos
Business

NOC Chairman gives green light to start installation of giant compressors in Bahr al-Salam field ‎

October 7, 2025
The International Forum & Exhibition for Free Zones – Misrata: 28 to 29 June at Misrata Free Zone
Business

Misrata Free Zone port ranked 20th most improved free port by 2025 World Bank report

October 7, 2025
Air traffic increasing over Kufra Airport airspace – up to 100 international airliners per day
Business

Air traffic increasing over Kufra Airport airspace – up to 100 international airliners per day

October 5, 2025
NOC announces force majeure at Zawia port
Business

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

October 5, 2025
Next Post
Super Novae signs agreement with Bina Libya to develop Gharian University incubator

Super Novae signs agreement with Bina Libya to develop Gharian University incubator

Wahda bank tender for 500 Dell desktop computers

Wahda bank: First African bank to obtain ISO 27001 accreditation in "Swift environment" information security

ADVERTISEMENT

Top Stories

  • NOC Chairman Bengdara resigns for health reasons – Masoud Sulieman Mousa appointed as temporary Acting Chairman

    Leaked decision: Aldabaiba appoints Masoud Suleiman Musa as fulltime Chairman of the National Oil Corporation

    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
  • 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
  • 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

Transport Minister Shahoubi stresses adherence to ICAO recommendations and raising Mitiga’s operational performance‎

Libya and UAE discuss resumption of flights – Airline delegations to visit Libya soon to discuss flight resumption dates

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.