Wednesday, October 29, 2025
LibyaReview
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion
No Result
View All Result
LibyaReview
No Result
View All Result
Home Libya

Italy Seeks Return of Its Companies to Libya

April 6, 2021
Share on FacebookShare on Twitter

On Tuesday, the Italian-Libyan Chamber of Commerce confirmed that the return of Italian companies to Libya was important for the development of the two countries.

In press statements, President of the chamber, Gianfranco Damiano said, “We have funds from the 1990s that amount to €230 million euros, agreed upon with the government at that time, and extend to the period after also.”

He pointed out that “the number of Italian companies currently operating in Libya are very few. Perhaps there are twelve companies remaining, and they may not even reach this number.” He explained that this was “very limited compared to the 150-200 companies that existed before, so there is a huge difference.”

“It is important to give companies a chance to return to Libya,” he added, “These resources would represent an important injection for our country’s economy.”

“There are a few Italian companies, that play strategic roles. Many maintenance operations, including that of strategic systems and services, are carried out by Italians. The fact that Prime Minister Mario Draghi’s first official visit outside the country to Libya makes us more than satisfied,” he claimed. “We are aware of his position and hope that matters will change very quickly in terms of bilateral relations, and we believe that his presence today is of great importance.”

Tags: CompaniesItalylibyaSeeks
Next Post

Libyan-Greek Officials Discuss Investments

POPULAR CATEGORIES

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

MUST READ

Libya & US Discuss Expanding Energy Cooperation

Migration from Libya to Greece Surges by 318%

Libya’s Sirte Airport to Welcome 3 Million Travelers Yearly

IOM: Libya Hosts 867,000 Migrants with 19% Rise in 2025

Ministers Cleared In Italy Over Release Of Libyan War Crimes Suspect

Central Bank & Finance Ministry Discuss Libya’s 2026 Budget

EDITOR PICKS

Libya Unveils New Vision for Economic Growth

18 Migrants Drown Off Libya’s Coast

IOM: Libya Hosts 867,000 Migrants with 19% Rise in 2025

Libya’s Sirte Airport to Welcome 3 Million Travelers Yearly

Libya & US Discuss Expanding Energy Cooperation

Ministers Cleared In Italy Over Release Of Libyan War Crimes Suspect

  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR

No Result
View All Result
  • Home
  • Libya
  • Economy
  • Sport
  • Politics
  • Entertainment
  • Opinion

© 2024 LR