Several Chinese companies specialized in the manufacture of heavy equipment, machinery and tower cranes for ports, contracting and infrastructure related to marine facilities, operating and developing logistics services for ports, visited Misrata Free Zone (MFZ) Monday to review investment opportunities. Chinese expressed full readiness to work in Libya in all fieldsSpeaking exclusively to Libya Herald the Director of the MFZ Media Department, Aladdin Baba, said “This visit comes within the framework of opening the doors of cooperation, investment and partnership with Chinese companies that have expressed their full readiness to work in Libya in several fields’’. These include, he continued, logistical services in ports, especially the MFZ port, by providing advanced technical equipment for handling containers, goods and various commodities, and advanced machines that save effort and time and ensure the safety of workers and the safety of goods. He said these encouraged the visiting Chinese companies to take steps towards forming partnerships with Libyan companies and readiness to conclude contracts and deals to provide their services from within Libya and present them to its customers in the Mediterranean and Africa. Increasing visits to MFZ by potential foreign investorsBaba referred to the increasing activity of visits that the MFZ is witnessing during this period from several foreign companies, with the aim of reviewing the available investment opportunities, and discussing opportunities to participate in the development of the port, and the supply of advanced and modern equipment.

Source: Libya Herald August 24, 2023 18:33 UTC