Wednesday, April 15, 2026
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Turkish Trade Minister Highlights Libya’s Role in Economic Growth

May 1, 2025
Turkish Trade Minister Highlights Libya’s Role in Economic Growth
Share on FacebookShare on Twitter

Turkey’s Minister of Trade, Ömer Bolat, has highlighted Libya’s significant role in helping Turkey become the world’s second-largest international contractor by project volume, crediting decades of infrastructure work in the North African nation.

In an interview with Turkish news agency Anadolu, Bolat emphasised that Libya holds a “very special place” in Turkey’s economic and historical ties. “Libya occupies an extremely important position in our history,” he said. “The bonds of friendship, neighbourhood, cooperation in the Mediterranean, and our shared cultural and social values are very strong.”

Economically, the minister noted that Libya has long been a crucial market for Turkish contractors. “Since 1972, Turkish companies have undertaken large-scale construction projects across Libya. These investments and efforts laid the foundation for Turkey’s global rise in the construction sector,” he said.

Bolat stressed that Turkey’s achievements in international construction are inseparable from its work in Libya. “The contracting work that started in Libya, along with our foreign trade efforts, played a critical role in Turkey’s current global success,” he stated.

Over the decades, Turkish firms have been involved in building roads, housing, hospitals, and public infrastructure across Libya, particularly during periods of strong bilateral cooperation. Although political instability has at times disrupted projects, Turkey has maintained its presence in the Libyan market and is now seeking to revive and expand cooperation under more stable conditions.

The statement comes amid growing diplomatic and economic ties between Ankara and Tripoli, with Turkish officials repeatedly expressing interest in strengthening partnerships across energy, infrastructure, and trade.

Libya remains one of Turkey’s most important markets in Africa and the wider Mediterranean region, and Bolat’s comments signal a renewed focus on deepening economic cooperation despite ongoing political challenges.

Next Post
Expert: 80% of Libyans Live Below Poverty Line

Expert: 80% of Libyans Live Below Poverty Line

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Security Council Tightens Grip on Libya’s Oil Exports Amid Smuggling Concerns

UK Backs Stronger Action Against Libya Oil Smuggling

Libya’s East and West Forces Hold Rare Joint Exercise as Unity Efforts Gain Ground

Libya Hosts Flintlock 2026 as Multinational Forces Launch Major Exercise

Surge in Crete Arrivals Signals Shift to Riskier Libya Crossing

Flintlock 2026 Highlights Growing Unity Among Libya’s Armed Forces

EDITOR PICKS

Libya Under Scrutiny as Rights Group Documents Rising Civilian Killings

Libya & Egypt Advance Practical Steps to Strengthen Cross-Border Ties

Flintlock 2026 Highlights Growing Unity Among Libya’s Armed Forces

Remarkably Preserved Roman Palace Discovered in Eastern Libya

Libya’s East and West Forces Hold Rare Joint Exercise as Unity Efforts Gain Ground

UK Backs Stronger Action Against Libya Oil Smuggling

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR