A step towards recovery, Tripoli hosts Third German-Libyan Economic Experts Forum

A step towards recovery, Tripoli hosts Third German-Libyan Economic Experts Forum

March 31, 2021 - 14:04
Posted in:
Written By: SafaAlharathy

Tripoli hosted the Third German-Libyan Economic Experts Forum for the first time, as the previous versions took place in Tunisia and Berlin due to security reasons.

The forum brings together political decision-makers and business leaders from both countries to engage in dialogue on economic and energy policy and promoting vocational training.

The current edition was marked by a wide attendance of high-level participants including, Libya's Economy Minister Muhammad Al-Hawij, German ambassador to Libya, Oliver Owcza, President of the National Oil Corporation, Mustafa Sanallah, and Director of the General Electricity Company of Libya,  besides heads of companies, economic experts, businessmen and investors from both sides.

Among the participants, Eng Al-Mabrouk Saleh, Founder of the Alhandasya Electromechanical Engineering Company, specialized in renewable energy who expressed in statements to The Libya Observer his optimism about holding the forum on the Libyan territory.

"This is very encouraging," he said, indicating that the German representation in this edition was higher than in previous forums, which is "an opportunity that must be exploited, especially with the presence of German companies working on the ground in Libya, such as Siemens."

According to Saleh, the group discussed German support and contribution to resolving bottlenecks in several service sectors in Libya, as well as providing medium and long-term support.

Several priority areas had been identified, mainly in the energy sector, public services, and local governance, Saleh added.