Libyan Forum for Investment and Reconstruction kick-starts in London

Libyan Forum for Investment and Reconstruction kick-starts in London

January 26, 2017 - 21:19
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Written by: AbdulkaderAssad

The Libyan Forum for Investment and Reconstruction convened this morning in London in the presence of the members of the UN-proposed government’s Presidential Council (PC), Ahmed Mitig, the Chairman of the National Oil Corporation (NOC), Mustafa Sanallah, and a number of managers for Libyan businesses, reported the PC’s Communication and Media Administration.

The forum is supposed to have discussed investment opportunities in Libya’s major sectors, such as oil, healthcare, energy, finance and infrastructure to boost the country’s economy and end the suffering of the Libyans.

Speaking in the forum, Mitig said there must be an economic reform in Libya by achieving three goals – fighting and eradicating IS, uniting the country, and rebuilding the investment firms in all fields.

“The security situation in the western region from Sirte to the western borders are now secure with no obstacles or clashes whatsoever, so there is an opportunity to start reconstruction projects.” Mitig added.

He also explained that Libya must be unified in the east and west so that all Libyans can fight and terminate terror groups in Libya.

The British Minister for the Middle East and Africa, Tobias Ellwood, said it is pivotal that Libya’s stability is supported and it is important to take part in reconstructing Libya.

Earlier, the British Ambassador to Libya, Peter Millett, issued a statement saying his country is very glad to have helped organize this forum, which the UK thinks is a vital step to reenergize Libya’s economy.