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Home Business

EU to study feasibility of setting up private sector investment funds in Libya

bySami Zaptia
July 23, 2019
Reading Time: 1 min read
A A
EU to study feasibility of setting up private sector investment funds in Libya

().

By Sami Zaptia.

The EU’s EU4PSL programme is studying setting up private sector investment funds in Libya (SLEIDSE).

London, 23 July 2019:

As part of the the European Union for Private Sector in Libya (EU4PSL) programme to improve the business environment in Libya, a meeting was held last week in Tunis to study the feasibility of setting up private sector investment funds in Libya.

EU4PSL is financed by the European Union with €7 million to improve the business environment in the country.

The programme is implemented by Expertise France.

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The meeting was attended by Investisseurs et Partenaires (I&P), Libya’s Development Bank, Saving and Real Estate Investment Bank, Benghazi Chamber of Commerce, Tripoli Chamber of Commerce, Sebha Chamber of Commerce, General Federation of Libyan Chambers of Commerce, Arab Commercial Bank, Al Qafila Insurance Company, Trust Company and Takaful Company.

 

Tags: EUEuropean Union for the Private Sector in Libya EU4PSLfeaturedSLEIDSE

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A 247,000-bpd oil production increase would achieve US$ 6 billion annually to enhance ability to meet FX demand, maintain strength of LD and achieve economic balance: CBL ‎

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