Guidry: Susah opportunity for US presence

The chief executive claimed that the Port of Susah venture will be the largest infrastructure project ever witnessed by Libya Photo: iamout/Pixabay/Pixabay License The chief executive claimed that the Port of Susah venture will be the largest infrastructure project ever witnessed by Libya Photo: iamout/Pixabay/Pixabay License
Industry Database

The businessman responsible for the Port of Susah project in Libya has claimed that the facility constitutes a chance for the US to create a substantial presence in North Africa prior to Chinese partners making their move.

An article by Corporate Counsel reported that Michael Guidry, chief executive and president of security services and crisis-resolution firm the Guidry Group, said: “All I see every time I go to Africa are more and more Chinese,” adding that Africa is the richest continent globally with “minerals, oil, gas … anything you can think of”.

“The Chinese see Africa as the gem of the world and have been moving into it for probably the past 20 years,” Mr Guidry was quoted as saying.

“They pretty much have a stronghold in just about every country in Africa.”

The chief executive was also reported as saying: “If we lose Libya, then we’ve lost almost all of North Africa. We’ve already lost South Africa.”

China is the largest trading partner for Africa and has constructed ports, railway, roads and other infrastructure across the continent.

In 2017, management consulting business McKinsey & Company found that there were over 10,000 companies owned by Chinese parties operating in the continent, mainly in the southern regions.

According to the article, Mr Guidry said in an interview in February that he was in talks with two possible US and European investors. However, he declined to provide further detail, citing a nondisclosure agreement.

The chief executive claimed that the Port of Susah venture will be the largest infrastructure project ever witnessed by Libya.

He hopes to break ground on the facility in October, assuming he can get the required investors.

According to him, the Libyan capital of Tripoli, which has seen militias battle for control, is the nation’s “only negative side”.

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