China Plan $5 Billion investment

News

Libya gets lion’s share of China investments in Africa.

 (October 2018)

 The head of the Federation of Libyan Chamber of Commerce and Industry, Mohammed Al-Raeid, said that China has allocated 5 billion dollars out of $ 20 billion of its investments in Africa to Libya.

“Libya is still considered a distinctive investment destination,” Al-Raeid said in a press statement on the sidelines of the Egyptian-Libyan Business Forum in Cairo Tuesday, noting that he had sensed a desire among the Chinese to expand their investments in Libya during his meetings and contacts with Chinese officials and businessmen.

 

News & Updates

Fantastic news, let’s hope it becomes reality!

Libya plans to launch vast reconstruction program with int'l support: minister - Xinhua | http://English.news.cn http://www.xinhuanet.com/english/2019-11/12/c_138547321.htm

Let’s hope this has some positive outcomes!

Morocco hosts 1st Libyan investment economic forum - Xinhua | http://English.news.cn http://www.xinhuanet.com/english/2019-11/12/c_138547263.htm

So many meetings with so little outcome... I have never ever come across such an ineffective and futile leadership. No wonder the genuine good people of Libya despair!

LIBYA NEWS AGENCY(lana) https://lana-news.ly/art.php?id=157843&lang=en&p=1

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