Our delegation also visited the impressive port of Misrata and the corresponding Free Zone, which is said to be the future large scale entrance and exit point of all goods to and from Libya and the invaluable connection between Europe and Africa, as it has always been in this part of the Mediterranean
The Misrata Free Zone is considered to be one of the most important economic resources for its active role in the trade exchange movements between countries for its exemption from all tax restriction to encourage investment establishments that leads to a good economic return to all parties and contribute for the establishment of a giant economy and facilitate the movement of the global trade in advanced investment environment, free zones are designated and organised by law to host industrial, commercial and service operations that are advertised to all who wish to invest. To benefit of the superb location of Libya and particularly Misrata begins to attract foreign capital and investors. Misrata Free Zone was introduced as the first free zone in Libya on a total area of about 3500 hectares including the sea port who enjoys many features and the potential for future expansion up to 20,000 hectares. The stacked containers and cargo ships send the powerful and hopeful message for the future.
