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Libyan Minister Urges Moroccan Investors to Explore Opportunities in Benghazi

June 16, 2026
Libyan Minister Urges Moroccan Investors to Explore Opportunities in Benghazi

Libyan Minister Urges Moroccan Investors to Explore Opportunities in Benghazi

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Libya’s Minister of Foreign Affairs and International Cooperation, Abdul Hadi Al Hwaij, has highlighted Benghazi’s growing investment potential during talks with a Moroccan parliamentary delegation visiting the city to participate in the Second General Conference of the Asian-African Parliamentary Council.

The meeting focused on strengthening Libyan-Moroccan relations and exploring new opportunities for cooperation in political, economic, and development sectors. Al-Hwaij emphasized that Benghazi has become an increasingly attractive investment destination, citing the city’s ongoing reconstruction projects, infrastructure development, and expanding economic activity.

He encouraged Moroccan companies and investors to capitalize on opportunities arising from Libya’s reconstruction and development efforts, particularly in Benghazi, where major projects are transforming the city and creating new prospects for regional and international partnerships.

According to the Libyan Foreign Ministry, discussions also covered ways to boost trade and investment between the two countries. Both sides reviewed opportunities to encourage joint ventures, facilitate business activity, and strengthen cooperation in sectors that could contribute to economic growth and development.

During the talks, they also stressed the importance of improving connectivity between Libya and Morocco. The two sides discussed enhancing maritime and air links and facilitating the movement of people and goods, measures viewed as essential for increasing trade, investment, and economic cooperation.

Al-Hwaij welcomed the Moroccan delegation, led by First Deputy Speaker of the Moroccan House of Representatives Mohamed Sabbari, and praised the longstanding historical ties between Libya and Morocco.

He also expressed appreciation for Morocco’s role in supporting dialogue and political reconciliation efforts in Libya through its hosting of several rounds of talks between Libyan stakeholders.

The discussions further highlighted the importance of activating parliamentary friendship committees to deepen cooperation between the legislative institutions of both countries and promote the exchange of expertise and experience.

For their part, Members of the Moroccan delegation praised the level of security, stability, and development they observed during their visit to Benghazi. They noted that the city’s ongoing reconstruction projects reflect a strong commitment to development and economic progress.

Both sides concluded the meeting by reaffirming their commitment to expanding cooperation and maintaining close coordination, with the aim of strengthening bilateral relations and opening new avenues for partnership in the years ahead.

Tags: benghaziinvestmentlibyaMorocco

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