According to the minister, China is financing a 30 billion dollar (28 billion euro) project in Libya to build subways through the BFI consortium. Libyan sources of “Agenzia Nova” in Tripoli they reported that at present no Chinese investments have started in the North African infrastructure sector. However, it would be wrong to underestimate the role that China has played and is still playing in Libya. But it is above all in the infrastructure sector, the trademark of Beijing's "turnkey" projects, that China has shored up its presence in Libya. The chaos of the civil war blocked everything, but a possible stabilization (or partition) of the country could restart the projects.

Source: Libya Today February 23, 2024 08:51 UTC