On Wednesday, twelve major Egyptian companies are in discussions to form partnerships with European firms to execute large-scale infrastructure projects in Libya.
These projects include roads, bridges, ports, water networks, and sanitation systems. The goal is to accelerate Libya’s reconstruction efforts while expanding Egyptian-European cooperation.
Multinational companies already operating in Libya are keen to collaborate with Egyptian firms. These alliances will allow both sides to secure larger shares of the market as reconstruction efforts intensify over the coming years.
The Arab Contractors Federation estimates that infrastructure projects in Libya and Iraq could be worth up to $400 billion by the end of 2025. With such a massive opportunity, Egypt has positioned itself as a key player in Libya’s redevelopment.
Egyptian investors have already taken significant steps. A coalition of 41 Egyptian companies has been formed to participate in Libya’s reconstruction. Four major Egyptian firms are already engaged in projects valued at over $4 billion.
Libya’s decade-long conflict severely damaged roads, airports, bridges, and essential services. With international support, the Libyan government is pushing forward with major reconstruction plans to restore connectivity and stability across the country.
Egypt, with its long history of economic ties to Libya, is a natural partner in this effort. Egyptian construction firms are known for their efficiency and cost-effective solutions, making them ideal players in Libya’s redevelopment.
European companies, particularly from Italy, France, and Germany, are also interested in Libya’s rebuilding process. By forming partnerships with Egyptian firms, they aim to bring advanced technology, financing, and expertise to Libya’s infrastructure sector.
