Saturday 25 February 2017
Manufacturing & Industry
The Libyan Tractors and Agricultural Equipment company has resumed manufacturing tractors at its factory in Tajura, in the eastern suburbs of Tripoli.
The state-owned Libyan Iron and Steel Company (LISCO), one of the country's largest industrial concerns, held a General Assembly on 3 July.
A government spokesperson said on 20 June that the Misrata-based Libyan Iron and Steel Company (LISCO) was now running at full production capacity.
The state-owned Libyan Iron and Steel Company (LISCO) has said the majority of its plant in Misrata is functioning and hopes to reach full capacity by the end of 2012.
The second Arab-Turkish Industrial Cooperation Conference was held in Benghazi on 3-4 June, with Libya signing MoUs with several other countries.
Al Madina Misurata, one of Libya's larger paints manufacturers, says that its production is back to 80% of pre-war levels and has recently purchased several other factories.
Libya's largest dairy products company says that its first-half sales in 2012 will be above 2010 levels, and expects the factory to more than double its production later in the year.
In response to local opposition, the Ministry of Industry has explained the reasoning behind the government's plan to open up the state-owned Abu Kemash Chemicals Complex to local and foreign investment.
Sharjah’s Al Sharif Investment Group says it will form a joint venture with two Libyan government funds, the Libyan Social and Economic Development Fund (ESDF) and the Libyan Investment Portfolio (LIP), for an aluminium and glass production plant.
A group of industry authorities met in Tobruk’s Al Batnan district on 8 February to follow up on the establishment of industrial zones in the district, Al Jamahiriya reported.
Egyptian and Libyan officials have agreed to establish a joint industrial zone in Libya, following a meeting between the Egyptian Minister of Trade and Industry, Mohamed Rachid, and the Libyan Minister of Economy, Industry and Trade, Mohamed Al Hweij.
The General Authority for Industrial Zones (IZA) has provided an update on the zones planned in the first phase of its nationwide programme.
The China National Building Material Company and the Economic and Social Development Fund (ESDF) sign agreement for Al Jufra Cement production project.
Egypt’s El Sewedy Cables will open a manufacturing plant in Libya by the end of 2011, the company told Reuters.
In late April Italian defence firm Finmeccanica opened a helicopter assembly and maintenance factory as a joint venture with the Libyan government.
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Libya Investment Summit 2017
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