The Chairman of the Libya Africa Investment Portfolio (LAIP), Mustafa Abu Funas, conducted a working visit to the YILDIRIM Group of Companies at the group’s headquarters in the Turkish city of Istanbul last Monday.
Abu Funas met with Robert Yuksel YILDIRIM, President & CEO of the Group, in the presence of Emin Çakmak, President of the Union of Turkish Investors in Africa.
Investing in Mellitah Port project
During the meeting, joint cooperation between LAIP and Yildirim Group were discussed, as the group’s president expressed his interest in participating in the investment projects that LAIP plans to carry out, and he expressed a special interest in participating in the Mellitah Port project for oil services, given that the group has extensive experience in building and managing ports in many countries around the world.
African Finance Corporation (AFC) interested in financing projects
A delegation of senior officials from the African Finance Corporation (AFC), whose membership includes 40 African countries, also joined the meeting. They expressed their interest in cooperating with LAIP in financing investment projects in Libya and on the African continent.
This meeting came on the sidelines of LAIP’s participation in the activities of a conference on the future of investment in Africa, Africa Invest ConEx 2023, which was held in Istanbul.
It is noteworthy that the Yildirim Group of Companies operates in 9 different sectors, including energy, minerals, port management, maritime shipping, and construction, in addition to finance and international trade, and is present in 56 countries, with 25,000 employees.