The Chairman of the Board of Directors and Director General of the General Authority for Investment Promotion and Privatization Affairs, Abdul Nasser Najm, held an official meeting at the Authority’s headquarters in Benghazi with the Governor of the Turkish city of Bursa, Ercan Öcel, accompanied by an economic delegation. The meeting focused on exploring prospects for cooperation and opening new investment channels between the two sides, within the framework of efforts to develop trade and economic relations.
High-level economic delegation to explore opportunities
The meeting was attended by a Turkish delegation, including Ibrahim Burkay, President of the Bursa Chamber of Commerce and Industry, Hakan Berkan, President of the Anatolian Businessmen’s Federation, and Hasan Çepni, Director General of KFA Exhibition Company, along with a group of Turkish investors and businessmen interested in the Libyan market. The meeting was also attended by Mohannad Al-Saity, Director General of the Benghazi Chamber of Commerce, and Fouad Awam, Director of Emaar Libya Exhibition Company and Chairman of the General Authority for Exhibitions.
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Turkish interest in Benghazi as a promising investment destination
For his part, the Governor of Bursa praised the warm reception and expressed his admiration for the facilities and explanations provided by the Authority regarding the investment law and the services available to international investors. Ocel emphasized the official Turkish desire to encourage investors to enter the Libyan market, especially with the noticeable improvement in security conditions, noting that Benghazi has become an attractive investment destination, with preliminary studies underway for cooperation opportunities in several vital sectors.
Practical steps for enhancing cooperation and a near memorandum of understanding
At the conclusion of the meeting, the two sides agreed to activate cooperation mechanisms through the exchange of visits between technical and economic delegations in the coming period, and to immediately begin drafting a joint memorandum of understanding aimed at supporting strategic partnerships and serving mutual economic interests between the two parties.