Turkish Trade Minister Bolat to visit Libya with contractor delegation

Türkiye’s Trade Minister Omer Bolat is set to visit Libya on Wednesday, accompanied by representatives from leading Turkish construction firms, to explore avenues for strengthening bilateral economic and commercial cooperation.

According to information obtained by Anadolu Agency, the visit aims to deepen economic ties between Türkiye and Libya, marking a significant step in the evolving relationship between the two nations.

During the visit, Minister Bolat is expected to be received by Libyan Prime Minister Abdulhamid Dbeibeh.

He is also scheduled to hold meetings with Libya’s Minister of Economy and Trade, Mohamed Al-Hwej, and Central Bank Governor Saddek Elkaber. These meetings are expected to cover a range of potential bilateral initiatives in economic and trade cooperation.

The primary focus of the visit will be the enhancement of collaboration in the construction sector. Representatives of Turkish contractors currently active in Libya will join Minister Bolat in discussions aimed at resolving outstanding issues and identifying future opportunities.

Turkish contractors secured over $31 in Libyan projects

The delegation also plans to convene the first meeting of the Türkiye-Libya Joint Working Group, established under a 2020 memorandum of understanding on construction cooperation.

The group will assess concrete steps for addressing existing problems and discuss prospects for launching new projects, particularly in the reconstruction of hospitals, water systems, energy infrastructure, and transportation networks—areas where Turkish companies have demonstrated substantial expertise.

The visit is expected to reinforce the position of Turkish firms in Libya and lay the groundwork for broader economic engagement between the two countries.

To date, Turkish contractors have undertaken 640 projects in Libya, valued at a total of $31.4 billion. Libya was also the first country where Turkish contractors gained experience in international markets.

Since 1972, Turkish firms have completed 12,505 projects worth $535.3 billion across 137 countries. Libya ranks as the fifth-largest market for Turkish contractors in terms of project volume.