Malta, 19 April:
The Maltese small and medium enterprises’ organisation . . .[restrict]GRTU (General Retailers and Traders Union) held a meeting today for members wanting to get involved in the new Libyan market. It said it was “very successful and well attended”.
In a statement, GRTU said it believed that the Libyan market had never been so important. There were new opportunities “specifically because it is different from the Libya before the war and business is slowly getting to be more transparent and healthy”.
Mario Debono, in charge the GRTU’s Libya Initiative, explained the changes happening in Libya at present. He was in Misrata earlier this month to sign an agreement with the Misrata Chamber of Commerce under which companies wishing to invest in both Malta and Libya will have their processes facilitated by both organisations. Together with GRTU President Paul Abela, he had just returned from a business delegation to Libya.
At today’s meeting he said that, with the right approach, Maltese businessmen could achieve success in Libya.
At present GRTU says it is focussing on what its sees as the four most important commercial areas of growth in Libya at present:
- The food sector, including food handling and preparation;
- Construction services in its widest terms;
- General services (finance, personal investment, insurance).
- Maritime services.
In its statement, GRTU said it would be leading sector-specific delegations to Libya, as well as coaching members in their approach and helping find Libyan partners and making contracts.
A GRTU Libya Committee has been set up in Malta.
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