Libya has launched a $2.7 billion project to expand and develop the Misurata Port in Western Libya in partnership with an international consortium comprising European and Qatari companies, according to a statement by the Misurata Free Zone Authority (MFZ). The consortium is led by Terminal Investment Limited (TIL), aa port operator subsidiary of the Swiss-Italian shipping giant Mediterranean Shipping Company (MSC) and includes Qatari infrastructure investor Maha Capital Partners (MCP). Image source: Misurata Free Zone AuthorityLibya’s first public-private partnership (PPP) project in the non-oil sector will raise the port’s handling capacity to four million containers per year, transforming it into a major logistics gateway in the Mediterranean and a regional transshipment hub. Established in 2000 as Libya's first and largest free zone, MFZ oversees a 2,576-hectare economic area, with plans to reach 20,000 hectares, and manages the Misurata port, which handles around 60–65 percent of all of Libya's container trade. The development programme, according to an MFZ statement, includes:·Expansion of container-handling capacity to accommodate larger vessels and support complex logistics chains.

Source: Libya Today January 20, 2026 11:50 UTC