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Libya Eyes Sustainable Growth with New Push for Green Investment

April 27, 2026
Libya Eyes Sustainable Growth with New Push for Green Investment
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Libya’s Minister of Economy and Trade has held talks with representatives of Expertise France to strengthen green investment and improve the country’s business environment.

The meeting took place at the ministry’s headquarters in Tripoli, chaired by Economy Minister Suhail Abu Shiha, alongside Expertise France’s Programme Director in Libya, Maxime Post, and senior officials from both sides. Discussions focused on enhancing investment conditions and supporting economic reforms.

Abu Shiha said improving the investment climate and building institutional capacity are key priorities at this stage. He stressed the need to update regulations and modernise legal frameworks to attract foreign investment and support sustainable economic growth.

He also highlighted the importance of strengthening national workforce capabilities through targeted training programmes. According to the minister, developing skilled human resources is essential to align with ongoing reforms and achieve long-term economic stability.

For his part, Post expressed appreciation for the partnership with Libya’s Ministry of Economy and Trade. He reaffirmed Expertise France’s commitment to supporting efforts aimed at improving governance and advancing economic development programmes.

During the meeting, both sides reviewed several ongoing and planned projects in Libya. These initiatives focus on promoting green investment, strengthening public financial governance, and supporting small and medium-sized enterprises.

They also discussed aligning labour market outputs with current economic needs, in a move aimed at reducing unemployment and enhancing productivity.

The talks come as Libya seeks to diversify its economy and reduce reliance on oil revenues. Authorities are increasingly focusing on sustainable development strategies and international partnerships to support recovery.

However, challenges remain, including regulatory gaps and political divisions that continue to affect investor confidence.

Officials said continued cooperation with international partners will be vital to overcoming these obstacles and advancing Libya’s economic reform agenda.

Tags: economyGreen InvestmentlibyaLibyan Crisis
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