The Libyan Investment Authority announced last Friday (26 July) that it has contracted with PWC’s Strategy& (Strategy And) to provide technical and advisory support to implement an investment plan that ensures the distribution and employment of the institution’s assets in order to achieve the targeted investment performance rates.
The Libyan Investment Authority said it will focus on restructuring its assets abroad in order to preserve value and increase rates of return. In parallel, it said it will direct its investments at home according to a diversified investment plan that includes (renewable energies and infrastructure), adding that this comes as part of its strategy to achieve sustainable economic development for the year 2024-2027.
