Wednesday 29 March 2017
Manufacturing & Industry
New industry minister says that 40 new industrial zones are planned, with the aim of creating 250,000 jobs, but the first priority is to restore production at factories affected by the 2011 conflict.
A new flour mill costing LD6m ($4.8m) is expected to open this month in Sirte.
Ahliya Cement Company recently held an annual meeting to review its accounts for the 2010 financial year and appoint a new management board.
The government agency plans to hold an event next month to raise awareness and encourage local and international investment in the industrial sector.
A new management board has been appointed for the state-owned Tripoli Dairy Company.
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.
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Libya Investment Summit 2017
Libyan Investment Summit