Fathi Moneer, the Head of the Chamber of Commerce and Industry of Sirte visited the Egyptian Chamber of Commerce in Alexandria on Wednesday.
Leading an economic delegation, including Mohamed Rafea, the Director of the Libyan-Egyptian Joint Chamber, the visit aimed to explore bilateral cooperation opportunities.
According to a statement from the chamber, the meeting discussed the collaboration mechanisms, with a focus on construction materials and infrastructure.
The aim is to support and participate in the reconstruction efforts in Libya, particularly in the city of Sirte.
Both parties agreed to hold further bilateral discussions between Egyptian and Libyan business figures in the coming period, to establish collaboration mechanisms.
Members of the board, including Dr. Yasser Elmanawishi, Engineer Sherif El-Giziry, Ashraf Abu-Ismail, Engineer El-Badeawi El-Sayed, Rania Nasir, and Mohamed Hafni, actively participated in the discussions.
Last month, the Egyptian Union of Construction and Building Contractors announced its commitment to resolving outstanding financial claims for Egyptian construction companies working on past projects in Libya.
The union urged all construction companies with outstanding claims to promptly provide detailed statements of these funds.
The statement noted that this initiative is aligned with efforts to enhance economic cooperation with Libya, and to remove obstacles hindering bilateral development.
The union emphasised its dedication to the successful collection of these outstanding amounts, highlighting the increasing magnitude of debts owed by Libya. This endeavour aligns with the collaborative spirit between the two nations, and aims to foster economic growth.
It underscored the importance of swift cooperation from construction companies in disclosing the extent of their financial liabilities, to facilitate the debt recovery process. This call follows a communication from the Ministry of Housing to the union, urging active participation in this joint effort.