Monday 20 February 2017
Manufacturing & Industry
A new board has been appointed for the state-owned Misrata Food Industries Company (Mourooj).
The Multilateral Investment Guarantee Agency (MIGA), part of the World Bank, has insured a $9.8m (LD12.3m) loan to Jafara Food Industries to expand its production in Libya.
The Ministry of Industry has announced a series of tax exemptions designed to stimulate private investment.
The Ahliya Cement Company says it generated revenues of LD81m ($64.3m) in the first three quarters of 2012.
Libya's Ministry of Industry has held a meeting to review its various departments and subsidiaries, including the Development Bank.
The Ahliya Cement Company, which is listed on the Libyan Stock Market, says it will hold an annual general meeting on 13 November to discuss the 2010 financial year.
Libya's industrial authorities recently held a workshop to discuss potential plans to find a private-sector partner for the Abu Kemash chemicals complex in Zuwara.
The Tripoli-based juice maker, which is part-owned by a Bosnian firm, says it has expansion plans for next year despite experiencing operational challenges in 2012.
The state-owned Misrata Food Industries Company (Mourooj) says it has completed the majority of repair work on a factory that had been destroyed by a fire.
Libya's Ministry of Industry held a recent workshop to discuss its 2013-30 development strategy, which outlines a number of priority areas.
The Ministry of Industry says that a committee responsible for considering tax exemptions on industrial projects will start work next month.
Al Ahliya Cement says it plans to double the production capacity at its Zliten plant.
The Ministry of Industry has announced the creation of a new fund to support local industrial projects and investments in Libya.
The Libyan Iron and Steel Company (LISCO) says that its production is 'close' to pre-war levels and it has reduced its prices.
The Libyan Tractors and Agricultural Equipment company has resumed manufacturing tractors at its factory in Tajura, in the eastern suburbs of Tripoli.
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