The activities of the Libyan International Conference on Industrial Technology opened yesterday (May 20-21) in Tripoli under the slogan “Prospects for investments, partnerships and technology transfer in industry”.
The conference aims to discuss prospects for investments, partnerships and technology transfer in Libya's industrial sector and the development of the public and private industrial sector.
The opening ceremony was attended by Tripoli-based Libyan Prime Minister Abd al-Hamid Al-Dabaiba, Minister of Industry and Minerals Ahmed Abuhisa, and Mustafa Al-Samo, Undersecretary of the Ministry of Industry and Minerals in charge of Production, Industrial Zones and General Affairs. , Turkish Deputy Minister of Industry, Mr. Oluç Baba Inan, and several diplomatic representatives.
The need for public and private banks to play their roles
In his opening speech, Prime Minister Al-Dabaiba emphasized the need for the public and private banking sectors to play a role in supporting the industrial sector in all areas, in accordance with plans that contribute to the localization of industry.
The Prime Minister also emphasized the need for the domestic and international private sector to invest in the industrial sector and provide Libyan manufacturers with the necessary support to play their role.
Minister of Industry and Minerals Abhisa directed the need to make dormant or operational public factories available for investment and operation by the private sector (privatization) and to provide the necessary facilities to support their revitalization. These complexes have been unused for years (some of the Gaddafi-era facilities have never been in operation).
