No Result
View All Result
Wednesday, August 27, 2025
23 °c
Tripoli
24 ° Sat
24 ° Sun
  • Advertising
  • Contact
LibyaHerald
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
SUBSCRIBE
  • Home
  • Libya
  • Business
  • Opinion
  • Magazine
  • Advertising
  • Login
  • Register
No Result
View All Result
LibyaHerald
No Result
View All Result
Home Business

US Tripoli embassy organizes Tunis business meeting with LLIDF and US companies

bySami Zaptia
March 30, 2018
Reading Time: 2 mins read
A A
US Tripoli embassy organizes Tunis business meeting with LLIDF and US companies

The US embassy Tripoli held a meeting in Tunis for a number of US firms with the LLIDF to discuss possible future projects in Libya.

By Sami Zaptia.

The US embassy Tripoli held a meeting in Tunis for a number of US firms with the LLIDF to discuss possible future projects in Libya.
The US embassy Tripoli held a meeting in Tunis for a number of US firms with the LLIDF to discuss possible future projects in Libya.

London, 30 March 2018:

The US embassy Tripoli (currently based in Tunis) organized a business meeting between a number of US companies and the Libyan Local Investment and Development Fund (LLIDF) in the Tunisian capital.

The LLIDF, which was represented by its CEO Bader Ben Othman, is a subsidiary of Libya’s main sovereign wealth fund, the Libyan Investment Authority (LIA). It aims to promote private sector involvement in the development of Libya’s infrastructure and key economic sectors. The LLIDF is estimated to have US$ 7.5 bn worth of funds available to fund projects across Libya.

At the beginning of this month the US embassy Tripoli had invited US companies ‘‘to explore the potential for commercial and investment opportunities for US firms in upcoming development projects in Libya’’.

RELATED POSTS

Egyptian investments in Libya exceeded US$ 2.5 billion, surpassing for the first time Libyan investments in Egypt‎

More than 34 Egyptian companies establishing a company in Libya to establish an industrial city in Libya

It had said that the ‘‘purpose of the meetings and interactions was to hear from the LLIDF leadership about potential opportunities for US firms to participate in development projects in the following sectors:”

 

1-Fisheries

2-Healthcare

3-ICT

4-Logistics

5-Renewable energy

6-Waste management

 

The meeting was also attended by the US-Libya Business Association (USLBA) which reported that the meeting ‘‘brought together representatives of US government, US private sector, and Libyan economic institutions’’ focusing on ‘‘improving Libya’s infrastructure through utilizing the inward investment of Libya’s sovereign wealth’’.

The USLBA also reported that ‘‘US companies from a range of sectors gave presentations about the skills and expertise they could bring to the Libyan market, while the LLIDF spoke about Libya’s infrastructure needs, its mandate to improve the quality of life of the Libyan people, and the flexible financing options it could offer for future projects. The potential for Islamically-compliant Sukuk bond issues to fund projects in the water and electricity sectors was highlighted’’.

It will be recalled that the LLIDF had appointed Deloitte & Touche (ME) as its advisor in delivering infrastructure projects back in May 2014.

The plan was that after an initial review of the Public-Private Partnership (PPP) strategy in Libya, the focus would be on developing LLIDF’s institutional capacity and designing the PPP delivery organisation.

A number of sector studies were to be undertaken to explore opportunities to attract global private investment into Libya. This would be followed by implementing a number of PPP pilot projects aimed at stimulating Libyan economic development.

 

https://www.libyaherald.com/2014/05/19/libyan-local-investment-development-fund-llidf-appoints-deloitte-as-advisor-to-deliver-national-infrastructure-projects/

 

https://www.libyaherald.com/2017/05/11/libya-seeks-investment-partnerships-in-billion-dollar-projects/

 

Tags: featuredInvestmentLLIDF Libya Local Investment Development FundprojectsUS embassy Tunis

Related Posts

Libya and Shell discuss several areas of cooperation
Business

Oil Ministry discusses creating attractive investment environment for sector, including issuing Investor Guide booklet

August 26, 2025
Libyan Railways Implementation Authority invites International Federation of Railways to participate in November workshop
Business

Tripoli City Metro options reviewed including financing mechanisms and investment opportunities

August 26, 2025
Toyota Libya starts training 8 youth as part of its regular “Discover Your Talent” training programme
Business

Toyota Libya starts training 8 youth as part of its regular “Discover Your Talent” training programme

August 26, 2025
Medsky Airways adds a second Airbus 320 to its fleet
Business

Medsky to launch new direct flights between Libya and Athens soon

August 25, 2025
GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU
Business

Aldabaiba discusses encouraging foreign investment, prudent importing, stimulating investment and the fish export ban

August 25, 2025
Electronic Tracking system for imported goods goes into operation
Business

Customs Authority announces full launch of ASYCUDA system next month

August 25, 2025
Next Post
Tripoli mayor Beitelmal released

Tripoli mayor Beitelmal released

Anti-terror operation ‘‘Nation’s Storm’’ launched by PC

ADVERTISEMENT

Top Stories

  • NESR secures multiple production services contracts for over US$ 100 million in Algeria and Libya

    NESR secures multiple production services contracts for over US$ 100 million in Algeria and Libya

    0 shares
    Share 0 Tweet 0
  • CBL Governor Issa vows to end Libya’s liquidity crisis by 1 October

    0 shares
    Share 0 Tweet 0
  • Tripoli Interior Ministry: We thwarted attempted rocket attack on UN Mission’s Tripoli headquarters

    0 shares
    Share 0 Tweet 0
  • Medsky to launch new direct flights between Libya and Athens soon

    0 shares
    Share 0 Tweet 0
  • Libyan Railroads to issue consultancy tender for Tripoli rail project

    0 shares
    Share 0 Tweet 0
ADVERTISEMENT
LibyaHerald

The Libya Herald first appeared on 17 February 2012 – the first anniversary of the Libyan Revolution. Since then, it has become a favourite go-to source on news about Libya, for many in Libya and around the world, regularly attracting millions of hits.

Recent News

NOC discusses exploration and production with US oil giant Chevron in its 4 billion reserves, 18 bn barrels of shale oil and 123 trillion cubic ft of natural gas

Oil Ministry discusses creating attractive investment environment for sector, including issuing Investor Guide booklet

Sitemap

  • Why subscribe?
  • Terms & Conditions
  • FAQs
  • Copyright & Intellectual Property Rights
  • Subscribe now

Newsletters

    Be the first to know latest important news & events directly to your inbox.

    Sending ...

    By signing up, I agree to our TOS and Privacy Policy.

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Fill the forms below to register

    *By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    No Result
    View All Result
    • Login
    • Sign Up
    • Libya
    • Business
    • Advertising
    • About us
    • BusinessEye Magazine
    • Letters
    • Features
    • Why subscribe?
    • FAQs
    • Contact

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.