Mohamed Hwej, Minister of Economy and Trade in the Tripoli-based Libyan government approved 16 investment projects for the private sector in different regions today. They were projects using the Privatization and Investment Board (PIB) investment law. Investment areasRegarding the approved investment projects and their areas and locations, Al-Najah said that the approved projects are specialized in the fields of manufacturing and packing foodstuffs, the building materials industry, tourism investments, the marble industry, the cardboard and paper industry, and the auto glass industry. Investment mapHe said these will be implemented under the supervision and follow-up of the PIB to encourage investment and benefit from the advantages granted to the local and foreign investor. Regarding the approved investment sites, Al-Najah reported that they are distributed in several Libyan cities according to the investment map approved by the Ministry of Economy.
