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LIBYA

With Bolloré out of the picture, Turkey's Albayrak eager for Misrata port concession

The Misrata port is largely autonomous of the Tripoli government thanks to its status as a free zone.
The Misrata port is largely autonomous of the Tripoli government thanks to its status as a free zone. © REUTERS/Hani Amara
The Turkish construction conglomerate Albayrak is in talks with the Misrata Free Zone authorities to obtain a port terminal concession held by Bolloré since 2010 in yet another example of how Turkey is tightening its grip on the west Libyan economy. [...] (595 words)
Issue dated 05/03/2021 Reading time 3 minutes
Business

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Inner circles
LIBYA Business 15/01/2021

Who really controls Misrata Free Zone, Libya's vital business platform? 

The Misrata Free Zone, a true state within a state, is both the port of entry to the Libyan market and the bastion of entrepreneurship in the war-torn country. Since September, this potent business hub prized by those fighting for control of the country has been led by Mohsen Sgoutri, whose powerful network allows him to stand up to the Tripoli government and develop his own business diplomacy, especially towards Turkey.

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