(MENAFN- Daily News Egypt) Libyan Prime Minister Abdul Hamid Al-Dbeibeh has called on Egyptian companies to participate in the projects carried out by the government to rebuild Libya and build the infrastructure.
Al-Dbeibeh said that there are many opportunities available for Egyptian companies to be present in the Libyan market, noting the presence of Egyptian products in the Libyan market in the fields of painting, insulation materials, and pipes.
During his visit to the Egyptian pavilion participating in Libya Build exhibition, which was opened on Monday and continues until Thursday, with the participation of 20 companies from the Egyptian chemical industries sector, Al-Dbeibeh called for intensifying the participation of Egyptian companies in specialised exhibitions that are held in Libya and organizing visits and trade missions for Egyptian companies from various sectors.
Mohamed Maged, Executive Director of the Chemical and Fertilizers Export Council, called on the Libyan government to support the participation of Egyptian companies in projects whose implementation will be announced during the coming period, as well as to approve companies and register them in the list of suppliers of production requirements for projects that are established within the country.
Maged said that the prime minister promised to provide full support to Egyptian companies, and that the door is open to all Egyptian companies regarding the projects that are currently being implemented.
He pointed out that Libya ranks third in the list of Arab and African countries importing chemical products, after Saudi Arabia and Morocco. In addition, it is one of the largest 15 countries importing various products of the sector worldwide, especially inks and paints, pipes, insulation materials, plastic and rubber products, detergents, glass products such as cutlery and glass containers, intermediate products of various organic and inorganic chemicals, as well as fertilizers. The sector's exports for the year 2022 amounted to approximately $383m, achieving a growth rate of 38% compared to 2021.
MENAFN25052023000153011029ID1106310726
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.