The Port of Misurata, situated in Libya along the Mediterranean, is a strategic maritime facility in North Africa. Despite challenges in the region, Misurata's port plays a crucial role in facilitating trade and serving as a key gateway for goods entering and leaving Libya.
Despite challenges, the Port of Misurata remains vital for Libya's trade and economy. The upper-middle-income nation, reliant on fossil fuels, faced a 31% economic contraction due to COVID-19 and an oil blockade in 2020. To navigate financial difficulties, Libya reduced government spending and devalued its currency, with public wages accounting for over 60% of expenditures. The port plays a crucial role in supporting the nation's economic resilience and connectivity.
213.302 TEU (2020)
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Mustafa al Trabelsi |
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+218 555 555 555 |
misurata@sdglines.com |