Leading Libyan and Maltese Businesses Gather Discuss New Collaboration Opportunities

Valletta, Malta, December 13, 2015 (Newswire.com) -   A senior delegation from Libya lead by the HE Primer minister Abdullah Althenni and a host of Malta-based Libyan business, with senior members of the Maltese government and business community met today to investigate commercial opportunities in a new Libya.  Over 100 guests joined together to explore how Maltese businesses might best prepare to play a key role in Libya’s future success.  Hassan Bouhadi, Chairman of the Libya Investment Authority (LIA), Ahmed Kashadah, the Managing Director of the Libya Africa Investment Portfolio (LAIP), and Faisal Gergab Chairman and CEO of the Libyan Post, Telecommunications and Information holding company (LPTIC) were also present and took every opportunity to share their vision for joint ventures and foreign direct investment. 

Speaking after the event Mr. Althenni said, "Historical ties and existing bi lateral Libya-Malta relations are important at this time as our country moves towards a Government of National Unity. The physical proximity of Malta to Libya is an asset, as is its EU regulation, strong adherence to rule of law and the full support of a vibrant financial and investment community. Today Libyan companies and their subsidiaries are investing in and managing their investments in a significant number of corporations in the region and around the world from Malta."

Held at the Palazzo Parisio in Naxxar, the evening’s celebrations, aptly called ‘The Past, Present and Future of Malta - Libya Business Relations’, was hosted by Mr. Elhabib Alamin, the Chargé d'affaires at the Embassy of Libya in Malta.  The event showcased businesses dealings between the two countries across various sectors and discussed plans to further this collaboration in the near future.