The Libyan International Conference on Industry and Technology, held in Tripoli from 20 to 21 May, concluded its activities yesterday with the international participation of researchers from Tunisia, Egypt, Sudan, Lebanon, China, Kuwait and Iraq, in the presence of the Minister, the Italian Ministry of Enterprise and Industry and the Deputy Minister of Industry of Turkey.
Conference recommendations
Broad recommendations made at the end of the conference included emphasizing the role of the state in supervising, guiding and monitoring economic activity and encouraging domestic and foreign investment in industrial projects.
In addition to focusing on protecting local products and promoting investment in the food and petrochemical industries, the recommendations also call for benefiting from military industry infrastructure to develop technological capabilities and achieve needed financing for industrial projects. There is also a need to support the banking sector to achieve this goal.
The recommendations call for international cooperation, leveraging pioneering industrial experience, developing laws and legislation to encourage investment, technology transfer, promoting innovation and entrepreneurship, addressing climate change, and working to implement the conference's recommendations. The importance of holding a shop was emphasized.
These recommendations aim to strengthen the Libyan economy and achieve sustainable development by involving various key sectors in the development process.
International conference on Libyan industry and technology opens May 20-21 (libyaherald.com)
