By Sami Zaptia.
London, 5 October 2021:
Libya’s Ministry of Economy and Trade confirmed yesterday the wide Libyan participation at the Libyan Turkish Forum for Project Development to be held in Istanbul from 16-18 November this year.
Besides the Economy Ministry, the Ministries of Finance, Labour and Rehabilitation, Industry and Minerals, Local Government, as well as the Tripoli Chamber of Commerce and Industry, the Libyan Investment Authority, the SMEs Dept, the Tripoli Fair, the Social Security Fund for Investment, the Libyan Export Promotion Centre, and the Libya Industry Union are participating.
The Economy Ministry says Libya’s participation in this forum comes as part of the implementation of the government’s policies in accordance with the Reviving Life development plan,
It says the aim of participating in the event is to review the Turkish experience in the field of small and medium sized projects. The aim is also to search for effective mechanisms that enhance the role of projects in supporting the sectors of the economy, trade and industry, achieving economic diversification and their contribution to raising the level of domestic product for non-oil exports.
The Ministry of Economy and Trade said it also aims to raise awareness of the importance of SMEs in spatial development, creating job opportunities, and advancing national industries according to standard specifications that contribute to creating international markets for them.