Libya hosts oil forum to boost investment
The Libya Oil Industry Localisation and Investment Forum will bring together 200 government and private sector representatives in Tripoli to foster partnerships.
The Libyan Council for Oil and Gas and Renewable Energy (LCOGRE) is organising the Libya Oil Industry Localisation and Investment Forum in Tripoli from October 25 to 26. The event is set to take place at a leading hotel in the capital.
LCOGRE Chairman Khaled Ben Othman stated that the forum aims to strengthen strategic partnerships and support the localisation of oil sector industries and services. He expects approximately 200 participants from both government and private sectors to attend.
The broader objectives of the forum include developing the Libyan economy, opening investment horizons, and facilitating the transfer of experiences and technologies to the country. This initiative is led by the private sector lobby association, LCOGRE.
Why it mattersThe forum aims to develop the Libyan economy and open investment horizons, potentially impacting businesses and employment.