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LIDCO and Turkey discuss reactivating stalled projects and establishing new partnerships
via Libya Herald6 min read
The General Manager of the state Libyan Investment and Development Company LIDCO, Tariq Al-Shaafi, met with Saat Uzbek, the Commercial Attach茅 of the Republic of Turkey, last Wednesday. The meeting, coordinated with Mustafa Al-Mana, Head of the Executive Team for the President鈥檚 Initiatives and Strategic Projects, included LIDCO's Director of the Company鈥檚 Financial Department and Director of Construction and Implementation Department. This discussion falls within the framework of the Libyan Turkish Committee, formed between the Tripoli government and the Turkish Government. The agenda covered the status of Turkish joint ventures with LIDCO, addressing stalled and ongoing projects, and overcoming associated difficulties. LIDCO presented suggestions for reactivating these projects and facilitating the return of Turkish companies. Additionally, the parties discussed establishing new partnerships for several upcoming projects by LIDCO. The Turkish Commercial Attach茅 reportedly expressed admiration for the proposed solutions and mechanisms, indicating readiness to support them with Libyan executive authorities.
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This summary was AI-generated from a story originally published by Libya Herald.
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