China’s Reed Pelagics investment and trade company (Reed Huayin Trading and Investment Company) manufacturing animal protein, was launched last Thursday (21 April) in the Misrata Free Zone (MFZ).
The launch was attended by the MFZ Chairman, Mohsen Al-Sagoutri, and the company’s General Manager, Bo Ji Qi, along with several officials from both sides and representatives from various Chinese companies.
Supporting food security and economic diversification
This project aims to support food security and promote economic diversification through investment in food industries and local production. MFZ said the project will contribute to reducing reliance on imports, improving the efficiency of supply chains, and creating added value for the industrial sector.
MFZ says it encompasses a comprehensive system of diverse investments spanning the oil, industrial, technological, and logistics sectors. It is situated within a stimulating investment environment based on advanced infrastructure, a qualified workforce, and high technical and technological capabilities.
