21 Hrs
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الشروق التونسية
Lessons from Tosyalı and Salb steel deal
The article focused on the success of the Tuwisali-Salab project in Libya by applying an effective institutional model for the swift implementation of a large industrial project. The company was able to move from signing the agreement to starting actual construction within just seven months, thanks to focusing on a specific industrial sector, establishing an independent legal entity, appointing clear leadership, and adopting a phased delivery plan. This model aims to expand economic partnerships in Libya and can be replicated in other sectors, especially as Libyan trade diplomacy expands. The article highlighted that the project includes the construction of the largest direct-reduction iron plant with a total capacity of up to 8.1 million tons, divided into three phases, with actual work beginning in Benghazi and the first phase producing 2.5 million tons. This model demonstrates Libya's ability to accelerate the execution of major industrial projects with high efficiency.
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