US-based The Guidry Group has entered into an agreement with international engineering and construction specialist Archirodon Construction (Overseas) Company for cooperation for the design and construction of the US$1.5 billion Susah Secure Port in eastern Libya.
Guidry said that the Susah Secure Port, conceived as a multi-use port, will be the deepest water port in Libya and the first PPP port project to be undertaken in the country.
The partners expect the new facility will provide a secure means of trade for international companies and governments and become a centre for economic development for Libya.
The Port of Susah is located at about 240 kilometres east of Benghazi. The seaport in Susah serves as the main artery and entry port for goods into Libya by sea.
A natural self-dredging port with a sea depth of 18 metres, the proposed newly developed Port of Susah will enable ships to offload their containers of goods with ease.
The port will be constructed in four-phases. Upon completion, it will primarily focus on container handling, handling of grain and other bulk cargoes, general cargo handling, and operation as a logistics base.
