The head of the Privatisation and Investment Board (PIB), Abdel Aziz Al-Shawish, revealed that 744 private sector investment projects by locals and expats worth LD 50 billion in several sectors, including in the food manufacturing, building materials, renewable energy, health, and education sectors – have been approved. He did not reveal the period covered by these figures.
The revelation came during a meeting held by the Minister of Economy and Trade, Mohamed Al-Hwej, at the ministry’s Tripoli headquarters today to follow up on digital transformation, linking the Commercial Registry system, and activating electronic payments. The Minister also reviewed the stages of the Investment Map project.
Free Zones, Transit Trade, controlling prices, protecting consumers
The meeting also discussed the development of free zones and Transit Trade hubs, controlling the prices of basic commodities, and protecting consumers, with an emphasis on completing financial procedures within a week.
