Turkish firm builds the biggest concrete factory in Libya

finance & economy - February 23, 2021

Turkish Karanfil Group said Monday it had built the biggest concrete factory in Libya as the CEO of the group, Fatih Sari, said they had spent 10 million dollars on the factory, and that they would keep up their work to reach an aim of 5o million dollars in investment.

The group said it aimed to employ 1000 people on the short and long terms to be able to produce 90 cubic meters of concrete an hour.

The CEO said the concrete factory would play a massively significant role in rebuilding Libya and to supply the public and private sectors, adding that their work drew attention also in Libya’s neighboring countries such as Tunisia and Algeria as well as Morocco.

At the first stage, the CEO said, 250 people were employed at the concrete factory and the number is expected to increase.

Karanfil Group has been working in Libya for 34 years in logistics, importation and production and it has future work-plans in the field of energy and petrochemicals.

libyaobserver



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