Commenting on the governmental visit to the United States of America last week, the Director of the Department of International Cooperation and Political Affairs in the Libya government of Abd Alhamid Adabaiba, Taher al-Baour, said that the most prominent topics raised in the Libyan delegation’s meetings with American companies is encouraging them to invest in Libya.
American companies invited to take advantage of Libya’s Investment Law No. 9 of 2010
He said they were invited to take advantage of the high advantages granted by the Libyan Investment Law No. 9 of 2010, as well as the facilities provided by the government for investment in several areas inside Libya, in addition to the resumption of several projects implemented or in which American companies participate or wish to implement them inside Libya.
Meeting with American companies hosted by ConocoPhillips
Baour pointed out that a meeting was held at the headquarters of ConocoPhillips, in the presence of Mahmoud Al-Futaisi, Director General of the National Economic Social Development Board (NESDB), and with the participation of several businessmen and owners of American companies interested in implementing businesses and projects in Libya.
Defining job and investment opportunities in Libya
The meeting dealt with defining job and investment opportunities in Libya and reviewing a number of reforms in services and projects implemented by the Tripoli-based Libyan government that have a direct impact on encouraging and returning investment, which comes within the programme for the ‘‘Return to Life’’ policy launched by the government.
Part of a series of meetings to encourage Americans back to Libya
It is worth noting that these meetings are part of a series of visits by the Tripoli-based Libyan government delegation to introduce the available opportunities and capabilities, to encourage investors and business owners from the American side to resume their businesses and activities in Libya.