Members of the Libyan-Chinese Chamber of Commerce have called on the Libyan Government of National Unity to ease the necessary procedures to ensure the return of Chinese companies to work in Libya. This request was made during their meeting with the Minister of Housing and Reconstruction, Abubakar Al-Ghawwi, on Sunday.
The meeting, attended by the Deputy Minister of Housing and Reconstruction for Affected Areas, Abdulmoula Azouma, and the President of the Libyan-Chinese Chamber of Commerce, Naim Abduallah, focused on strengthening cooperation between the two countries to complete housing projects.
Discussions included the readiness of Chinese companies to return and contribute to ongoing housing projects, the proposed investment regulation after its approval, and how to initiate new projects that benefit both the private and public sectors.
The attendees emphasised the importance of reinforcing ties with Chinese companies to complete halted housing projects through investment and to boost urban development in Libya.
Members of the Libyan-Chinese Chamber stressed the “need to facilitate the necessary procedures to ensure the return of companies and their active participation in these projects,” according to the ministry’s statement.
On June 10, the Minister of Economy and Trade, Mohamed Al-Hwaij, directed the activation of the joint Libyan-Chinese Economic Chamber. This followed the issuance of Decision No. 253 of 2024, which pertains to forming the Libyan side of the chamber to align with the size and nature of the Chinese economy.
