{"id":3698,"date":"2026-05-03T12:50:57","date_gmt":"2026-05-03T12:50:57","guid":{"rendered":"https:\/\/laip.ly\/en\/?p=3698"},"modified":"2026-05-03T12:50:57","modified_gmt":"2026-05-03T12:50:57","slug":"libya-africa-transit-corridors-high-committee-reviews-progress-and-financing","status":"publish","type":"post","link":"https:\/\/laip.ly\/en\/blog\/2026\/05\/03\/libya-africa-transit-corridors-high-committee-reviews-progress-and-financing\/","title":{"rendered":"Libya\u2013Africa Transit Corridors High Committee reviews progress and financing"},"content":{"rendered":"

The High Committee for the Libya\u2013Africa Transit Corridors Project held its second meeting of the year on Thursday, 30 April 2026, at the headquarters of the Libya Africa Investment Portfolio (LAIP) in the capital, Tripoli, as part of ongoing efforts to advance the project.<\/p>\n

At the outset, the Committee\u2019s Vice Chairman and Chairman of LAIP, Mustafa Abofanas, reviewed the outcomes of his recent meeting with the Prime Minister of the Government of National Unity, Abdulhamid Dbeibeh. The Prime Minister reaffirmed his full support and emphasised the importance of continued coordination across relevant sectors to ensure an integrated approach and a conducive environment for implementation.<\/p>\n

The Committee reviewed the updated feasibility study prepared by a specialised US consulting firm, which incorporates comments and amendments approved during its first meeting earlier this year.<\/p>\n

Discussions also focused on financing and implementation mechanisms, including plans to establish a holding joint-stock investment company to oversee contracting, as well as the operation and management of the project. This approach is intended to strengthen institutional integration and improve efficiency across all phases.<\/p>\n

Members also discussed ways to build on the project\u2019s growing momentum and increasing interest from regional and international stakeholders, supported by enhanced coordination with partners to advance implementation on clear technical and institutional foundations.<\/p>\n

The meeting reflects the Committee\u2019s commitment to a collaborative approach and alignment with international best practice, supporting the state\u2019s broader vision to strengthen the national economy and position Libya as a regional and international hub for integrated transport and logistics services.<\/p>\n","protected":false},"excerpt":{"rendered":"

The High Committee for the Libya\u2013Africa Transit Corridors Project held its second meeting of the year on Thursday, 30 April 2026, at the headquarters of the Libya Africa Investment Portfolio (LAIP) in the capital, Tripoli, as part of ongoing efforts to advance the project. At the outset, the Committee\u2019s Vice Chairman and Chairman of LAIP, […]<\/p>\n","protected":false},"author":5,"featured_media":3699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[19],"class_list":["post-3698","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-libya-africa-transit-corridors"],"acf":[],"yoast_head":"\nLibya\u2013Africa Transit Corridors High Committee reviews progress and financing • Libya Africa Investment Portfolio<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/laip.ly\/en\/blog\/2026\/05\/03\/libya-africa-transit-corridors-high-committee-reviews-progress-and-financing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Libya\u2013Africa Transit Corridors High Committee reviews progress and financing • Libya Africa Investment Portfolio\" \/>\n<meta property=\"og:description\" content=\"The High Committee for the Libya\u2013Africa Transit Corridors Project held its second meeting of the year on Thursday, 30 April 2026, at the headquarters of the Libya Africa Investment Portfolio (LAIP) in the capital, Tripoli, as part of ongoing efforts to advance the project. 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