# Karanfil Group establishes largest concrete factory in Libya

Karanfil Group has established a concrete production facility in Libya, with $10 million spent to date and plans to increase investment to $50 million. The facility can produce up to 90 cubic meters of concrete per hour and aims to employ 1,000 people in the medium to long term.

- Type: New facility
- Announced: 2021-02-22
- Where: Libya, Libya
- Value: $10.0M
- Jobs: 1,000
- Status: completed
- Capacity: 90 cubic meters per hour
- Products: concrete
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Karanfil Group](https://endata.com/companies/53398.md)

## Sources

- [scceu.org](https://scceu.org/turkish-firm-sets-up-libyas-largest-concrete-factory/), 2021-02-22: "A Turkish company, Karanfil Group, has established the largest concrete production facility in Libya, it said on Monday."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
