Italy’s Nova Agency reported Wednesday that the first Libyan-Italian joint company for exporting fish to European markets is about to launch, having already received operational licenses from the Government of National Unity in Tripoli.
Entrepreneur Nicholas Giacalone explained that the project received support from Italian institutions and the diplomatic mission in Tripoli, which helped initiate the new venture.
The agency added that the new joint project, for which the Government of National Unity issued a special decree allowing it to operate, will be called the “Mediterranean Bridge Company,” stemming from the partnership between the city and the Libyan shrimp company, and will operate in the Misrata Free Zone.
Giacalone emphasized that “the project is not only aimed at exporting Libyan fish products but represents a broader cooperation agreement aimed at transferring skills and technology to develop the local sector.”
