The Chairman of Misrata Free Zone, Mohsen Al-Sigutri, in the presence of its General Manager, Ayman Al-Darwish, the Director of the Marketing and Cooperation Department, and the Director of the Investment Department, held a working meeting at the MFZ in the city of Misrata on Sunday, with representatives of the Oil Invest Group, headed by the Chairman of the Board of Directors of Tam Company, Oil Invest Board Member, Ahmed Al-Fitouri, and the General Manager of Tam Oil Company, Mohamed Al-Sallabi, and member of the Board of Directors, Fathi Daloub.
The meeting came during the guests’ visit to the MFZ to review investment opportunities in the field of oil industries, especially oil derivatives.
Localising several manufacturing industries
In an exclusive interview with Libya Herald, the Director of the MFZ Media Office, Aladdin Baba, said that this visit comes within the framework of identifying the capabilities enjoyed by the MFZ and the advantages and facilities it provides, in addition to investment opportunities in multiple fields. He said the visit focused in particular on logistical work related to the oil industries and entering into strategic partnerships to implement a group of important projects for the national economy with the aim of localising several manufacturing industries in the field of oil.
Enhancing the regional role as an oil, gas and logistical investment centre
The MFZ Media Office Director said that this visit is an important opportunity to enhance economic and investment cooperation between the Oil Invest Group and the MFZ, and to enhance the region’s role as an investment centre in the oil, gas and logistics sector.
Baba pointed out the readiness of the MFZ to host this type of investment, which requires capabilities and equipment that takes into account the preservation of the surrounding environment and the risks of pollution. Additionally, it provides various means of protection from fires, as well as an integrated infrastructure of administrative buildings, service and maintenance centres, industrial complexes, and private internal roads for transportation.