Kuwait Times

Libya dreams of mega port in historical east

-

Awhite foundation stone next to a deserted beach near the soporific Libyan port of Susah is all to show for a seven-year dream to build one of North Africa’s biggest ports. Yet officials say Libya is now in final talks to award a US firm a $1.5 billion deal to set up a “mega port” intended to transform the picturesqu­e coast where families go for picnics into a vast container hub. Texas-based security firm Guidry Group confirmed to Reuters it planned to sign a 35-year deal to build and operate the project in a region once occupied by the ancient Greeks, before handing it back to the local authority.

Such major foreign investment would be rare for Libya, in chaos and conflict since the 2011 toppling of Muammar Gaddafi. “The biggest container ships will be able to dock,” enthused one of the project’s main architects, Salah Elhasi, who heads the eastern port authority, in his modest villa-turned-office. Abdalla Al-Hasse, a consultant for Guidry, said sea depth of up to 40 m would enable containers to load goods on smaller vessels headed for other Libyan cities as well as neighbors like Egypt or Tunisia without similar ports.

Ravaged by fighting between rival groups and split into different administra­tions, Libya urgently needs jobs for youths who otherwise look to a bloated public sector or take up guns to earn their daily bread. Beyond oil, Libya has little successful economic activity, even importing milk. The port could provide 2,500 jobs. Guidry

wants to win local and foreign investment to help with financing and would like to start constructi­on in October, Hasse said.

“Funding for the Port of Susah project is expected to come from a variety of sources, including internatio­nal multilater­al agencies, major financial institutio­ns and internatio­nal project finance investors as this project is a public private partnershi­p,” Guidry said in an email. The company has traditiona­lly specialize­d in kidnap and ransom resolution, but now wants to expand into infrastruc­ture. “Libya is ripe for business and investment right now. I do not want the Chinese or the Russians in Libya first,” CEO Michael Guidry was quoted as saying in the Libya Herald last year. “I want to get a foothold in there now.”

Heritage fears Beyond financing, there are other major challenges. For starters, Libya still needs to fix its pot-holed roads and build a railway infrastruc­ture. The road from Susah to the next large city Bayda, for example, is unsuitable for trucks as it curves round steep cliffs with spectacula­r views of Roman rock tombs but no fence. Some also fear a port may damage ancient historical sites. Susah, with its sleepy fishing harbor next to historic temple columns and also some underwater sites, is close to the ancient Greek mountain city of Cyrene.

“We have a real fear of this project being built near Susah,” said Ahmed Hussein, head of the eastern antiquitie­s department, who fears Ptolemaic era ruins could be damaged if the port leads to a new coastal road from Susah to Benghazi. To counter some concerns, the planners say the port will be built 5 km outside Susah. Their goal is for Libya to fully exploit its privileged Mediterran­ean location to become a major commercial hub between Africa and Europe. — Reuters

Newspapers in English

Newspapers from Kuwait