The Director General of the Misrata Chamber of Commerce, Industry and Agriculture, Abu Bakr Shanab, stated in a special statement to Libya Herald that a virtual meeting was held between several Libyan companies and business owners affiliated with the Chamber and several Indonesian companies in several fields, to develop commercial cooperation and renew existing relations between the two countries.
Direct shipping line for raw materials?
Shanab said the meeting focused on the possibility of importing raw materials for Libyan companies from Indonesia directly by sea without transiting in other countries, to reduce time and costs.
The most important results reached by the meeting, he revealed, were the establishment of direct meetings between private sector companies in Libya and Indonesia, in addition to organizing exhibitions and workshops in both countries to learn more about commercial and investment opportunities to increase bilateral trade.
Strong desire to enter Libyan market
Regarding the Indonesian company’s willingness to enter the Libyan market, Shanab said, “There is a strong desire from Indonesian companies to enter the Libyan market through direct presence in several projects, including infrastructure projects and general contracting, as well as through Libyan agents for products manufactured in Indonesia.”
On the advantages enjoyed by Indonesian companies, Shanab noted many competitive advantages in terms of quality and appropriate prices enjoyed by various products in Indonesia as well as diverse and high-level services.
There is also the ability of Indonesian companies to provide several services in the fields of construction, contracting, construction, building materials and solutions, advanced engineering in the field of infrastructure and logistics services, as well as in the field of manufacturing machinery, industrial equipment, and furniture from environmentally friendly materials.
He hoped a large exhibition of Indonesian products and services would be held in the city of Misrata soon.