No Result
View All Result
Sunday, May 28, 2023
22 °c
Tripoli
23 ° Mon
22 ° Tue
21 ° Wed
21 ° Thu
  • 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

Project to set out strategy of Libya’s economic diversification launched

bySami Zaptia
October 22, 2022
Reading Time: 2 mins read
A A
Project to set out strategy of Libya’s economic diversification launched

A meeting was held by multi-stakeholders to discuss the strategy for Libya's economic diversification (Photo: Expertise France).

70
SHARES
305
VIEWS
Share on FacebookShare on Twitter

A meeting was held in Tunis on Friday to launch the project to set the economic diversification strategy of Libya, in the presence of Mohamed Hwej, Minister of Economy and Trade, and several officials in relevant economic institutions.

The project, which will last for 18 months, will be directed to building Libyan capacities from all sectors related to economic diversification. The project work plan was reviewed at the meeting with the participation of a number of Libyan and international experts. Possible mechanisms for investing in economic opportunities in Libya, as well as some successful international experiences and practices in this field, were reviewed.

The meeting included the participation of the EU and Expertise France, as well as many economic experts in economic diversification policies, private sector development, value chains and business and investment environments. Several studies were presented and best practices in countries with similar contexts to Libya reviewed.

Multi-step approach
The establishment of the economic diversification strategy will follow a set of steps, the first of which is defining the methodology, establishing a national committee in close cooperation with the main Libyan stakeholders, a careful assessment of the current economic situation and designing an action plan for all concerned institutions and sectors.

The Minister of Economy and Trade stressed that increasing national income, achieving social justice, and defining a national strategy for economic diversification are among the priorities of the Ministry of Economy and Trade.

RELATED POSTS

Turkish business delegation meets Economy Minister Hwej: Invited to participate in state and private sector development projects

Minister of Economy Hwej participates in the Maghreb Banking Forum on the Digital Economy for the Reconstruction of Libya

He also stressed the importance of the economic diversification strategy to develop the service and production sectors, reduce dependence on oil and harness the Libyan potential in other sectors such as industry, agriculture, tourism, renewable energy and others.

The development of the Libyan economic diversification strategy is part of the E-NABLE project funded by the European Union and implemented by Expertise France to support a resilient and sustainable Libyan economy.

Continue Reading
Tags: diversificationeconomy minister Mohamed Hwej GNUEUExpertise FranceTunis
Share28Tweet18Share5

Related Posts

Expected Resumption of Commercial Activity of Libyan Merchants in Tunisia, while Two Tunisians Were Injured by a Nalut Local
Business

The Tripoli Libyan Ministry of Transport confirms development plan for Libya-Tunisia Ras Jedir border crossing

May 27, 2023
NOC condemns Friday’s Mitiga aviation fuel depot shelling, evacuates staff
Business

An instant 350 cylinder per hour cooking gas filling station opened in Jalo

May 27, 2023
NOC announces force majeure at Zawia port
Business

NOC completes strategic project to increase local gas supply and clean pipelines

May 27, 2023
Turkish business delegation meets Economy Minister Hwej: Invited to participate in state and private sector development projects
Business

Turkish business delegation meets Economy Minister Hwej: Invited to participate in state and private sector development projects

May 27, 2023
Libya’s Al-Ghazala Misrata Paints Factory opens first showroom in Niamey, Niger
Business

Libya’s Al-Ghazala Misrata Paints Factory opens first showroom in Niamey, Niger

May 25, 2023
Aldabaiba stresses need to activate agricultural projects in cooperation with private sector
Business

Acting Agriculture Minister Gatrani discusses cooperation with WFP

May 24, 2023
Next Post
Saleh and Mishri agree to unify Libya’s governments at Morocco meeting

Saleh and Mishri agree to unify Libya’s governments at Morocco meeting

UNSMIL: Warring parties invited to begin negotiations on 29 September

UNSMIL head Bathily ready to discuss Morocco agreement details with Saleh and Mishri

 

Advertise on LibyaHerald

Reach thousands of our site visitors daily

240 x 400px

Advertise Here
ADVERTISEMENT

Top Stories

  • GNU to take oath at Benghazi HoR session and budget to be approved at Tripoli session: GNU

    Tripoli Libyan government conducts drone strikes against criminal hideouts in western coast

    112 shares
    Share 45 Tweet 28
  • Libya loses US$ 5 bn annually due to illegal Tuna fishing within its territorial waters

    97 shares
    Share 40 Tweet 24
  • Libya and Austria discuss reopening airspace

    76 shares
    Share 33 Tweet 18
  • US Embassy in Tripoli announces easing of visa protocol: One-year multiple entry visas now replace three-month single-entry visas

    95 shares
    Share 53 Tweet 18
  • Tripoli-based Libyan prime minister opens 13th Libya Build displaying 260 exhibitors

    64 shares
    Share 26 Tweet 16
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

The Tripoli Libyan Ministry of Transport confirms development plan for Libya-Tunisia Ras Jedir border crossing

An instant 350 cylinder per hour cooking gas filling station opened in Jalo

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.

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

    © 2022 LibyaHerald - Powered by Sparx Solutions.

    Welcome Back!

    Sign In with Facebook
    Sign In with Linked In
    OR

    Login to your account below

    Forgotten Password? Sign Up

    Create New Account!

    Sign Up with Facebook
    Sign Up with Linked In
    OR

    Fill the forms bellow 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
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
    Are you sure want to unlock this post?
    Unlock left : 0
    Are you sure want to cancel subscription?