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Libya and South Africa housing ministers discuss urban development partnership
via Libya Herald1 min read
South Africa's Minister of Human Settlements, Thembi Simelane, met with Libya's Minister of Housing and Construction, Essam Al-Tamouni, to explore cooperation in housing and urban development. Minister Simelane provided an overview of South Africa's Ministry of Human Settlements, while Minister Al-Tamouni outlined his ministry's strategic mandates and plans for utility sector development. Department directors from both sides gave technical presentations, fostering an exchange of insights. The meeting concluded with an agreement to enhance communication between Libya's Ministry of Housing and Construction and South Africa's Ministry of Human Settlements' Research and Studies Department, aiming to exchange expertise and establish frameworks for sustainable cooperation and shared goals.
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This summary was AI-generated from a story originally published by Libya Herald.
The Ministry of Economy and Trade announced the registration of 106 decisions for branches of foreign companies, joint ventures, and representative offices from January to June 2026. This reflects growing investor confidence and an improved business environment in Libya. The decisions include 79 foreign company branches, 19 joint ventures, and 4 representative offices. The contracting sector led with 43 decisions, followed by oil and energy with 34. Turkey ranked first in terms of nationality with 17 decisions, followed by Tunisia with 13, and the United Arab Emirates and China with 7 each. The Ministry attributes these indicators to government efforts to develop the investment climate, simplify procedures, and strengthen international economic partnerships. Additionally, an e-website for foreign company registration will launch in August 2026 to streamline procedures and enhance transparency.
The Committee for the Reconstruction of Benghazi Centre and al-Sabri RBCS, part of the Libya Development and Reconstruction Fund, held multiple meetings in July with international companies regarding the Benghazi redevelopment project. The RBCS met with Turkish company NKY to discuss progress and technical proposals for the Benghazi Waterfront Development Project, focusing on design updates and architectural solutions. Another Turkish company, IRIS, visited project sites to understand the area's character and assess existing buildings for restoration, including historic structures. RBCS Chairman Mohamed Al-Hassadi met with Filippo Colombo, Consul General of Italy in Benghazi, and representatives of Italian company FIMA to discuss the restoration of historic buildings with Italian architectural character, aiming to preserve their identity and rehabilitate them to international standards. The committee also met with British company P+P to discuss the area's master plan, investment opportunities, and potential development sites, focusing on creating an attractive investment environment. Additionally, the RBCS held meetings with Polish company APA and Turkish company On Tasarim to review progress, discuss design updates, and technical modifications for the Benghazi Waterfront Corniche Project, ensuring integrated design solutions and adherence to high technical standards.
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