A new investment agreement has been signed to establish a cluster of food production factories in the city of Kufra, marking a significant step toward strengthening Libya’s industrial base and improving food security.
The project will be developed on a site spanning approximately 20,000 square meters and forms part of broader efforts to stimulate economic growth in southern Libya.
It reflects a growing focus on expanding local industries and reducing dependence on imported goods, particularly in the food sector.
According to local officials, the initiative includes the construction of multiple food processing facilities designed to meet domestic demand and enhance supply stability.
By increasing local production capacity, the project is expected to play a key role in supporting food security and addressing market shortages.
Jibril Al-Abed, head of the Projects Department in Kufra, stated that the agreement represents an important step toward creating a more attractive investment environment.
He emphasized the need to develop industrial infrastructure as a foundation for sustainable economic progress and to encourage further private sector involvement.
The project is also expected to generate new employment opportunities, providing a boost to the local economy and helping to reduce unemployment.
Officials believe that such investments will contribute to revitalizing economic activity in Kufra and surrounding areas.
Beyond its immediate economic impact, the initiative is seen as part of a broader strategy to promote balanced regional development across Libya, particularly in remote areas that have historically received limited investment.
As the country continues to face economic challenges, such projects are viewed as essential for building resilience and supporting long-term development.