The Misurata Free Zone has signed a memorandum of understanding with China Harbour Company to study potential investments in infrastructure projects.
The parties inked the MoU on the sidelines of the North African International Conference and Exhibition for Ports and Free Zones in Misurata.
Under the agreement, Harbor will conduct a feasibility study for the development of sites A and B at Misurata Free Zone, as well as evaluate prospects for investment in major infrastructure projects in the region.
It may be worth noting that Harbor is a leading Chinese company in the field of implementing and operating ports and engineering works.
The company has demonstrated its capability in executing large-scale infrastructure projects, such as the construction of ports, tunnels, bridges, roads, and marine facilities, across more than 100 countries worldwide.
On Saturday, the North African International Exhibition for Ports and Free Zones kicked off in the presence of relevant ministers and government agencies.
The event saw the participation of over 50 local and international companies specializing in the field of ports and free zones.