On Saturday, the Libyan Minister of Economy and Trade, Muhammad Al-Hawaij, held a meeting with a delegation of Chinese governmental and private companies to discuss ways of cooperation in the fields of investment and infrastructure development in the North African country.
The Chinese delegation reviewed the activities of companies in the fields of construction, implementation of investment projects and infrastructure development.
Al-Hawaij affirmed that the Government of National Unity (GNU) is looking forward to strengthening cooperation with Chinese and foreign companies in general to implement a number of investment projects.
“The government seeks to develop infrastructure in all regions of the country in the fields of energy, transportation, housing and public utilities,” the Ministry of Economy and Trade said in a statement.
The Ministry pointed out that Libya has laws and legislation that provide safety and protection for investors. They stressed that the government will work to provide all facilities for foreign companies so that they can implement the targeted projects in all regions of the country.
Last week, the Deputy Head of the Libyan Presidential Council, Abdullah Al-Lafi, received Wang Qimin, Chinese Chargé d’affaires, in Libya to discuss ways of enhancing bilateral relations files in various fields, including the diplomatic and economic fields. Al-Lafi stressed the importance of re-opening the Chinese Embassy in Tripoli, and restoring all diplomatic relations between the two countries.