Libyan Economy Lessons from Tosyali-Sulf Deal

The article focused on the success of the Tawassali-Steel project in Libya, which is the largest direct reduced iron (DRI) complex in Benghazi. The implementation pace exceeded usual standards, as the transition from signing the agreement to beginning construction took only seven months, thanks to a focus on a single sector, establishing an independent legal entity, clear leadership, and a phased delivery plan. The institutional model adopted—based on setting a clear interim goal, responsible leadership, and forming a specialized entity—demonstrates the potential to replicate this approach in other industrial and commercial projects. It also supports focusing on developing a specific sector to strengthen Libyan regional economic relations, especially in agriculture and energy.

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