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Home Business

Minister of Economy calls on foreign companies to participate in Libyan development

bySami Zaptia
February 21, 2014
Reading Time: 1 min read
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Tripoli, 4 January 2014:

Libya’s Minister of Economy, Mustafa Abufunas, has called upon foreign companies to participate in Libya’s development.

Speaking on Wednesday . . .[restrict](1 January) at an economic development conference in the Jebel Nafusa town of Gharyan, Abufunas said that his Ministry had put in place plans for alternative sources of revenue for the Libyan economy instead of oil.

Abufunas revealed that a committee had been set up to look into setting up an economic zone  involving a number of cities along the coast as well as an economic free zone on the Tunisian border, together with the free zone in Misrata and the economic zone in Benghazi.

The Minister of Economy called on foreign companies to participate in investing in the infrastructure of Libya, and invited them to make their presentations at the forthcoming Islamic Economy conference to be held in Tripoli from 6-7 January. [/restrict]

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