Pakistani businessmen and exporters must prepare to amass a mammoth share in Libya’s market during the expected large-scale reconstruction process in the African nation at an estimated cost of $100 billion, said Pakistan Ambassador-designate to Libya Rashad Javed. During his visit to the Faisalabad Chamber of Commerce and Industry (FCCI), Javed presented a comprehensive documentary on Libya. He was of the view that after elections on December 24, 2021, investors from all over the world will rush to set up business enterprises in Libya. “Pakistani exporters should establish their enterprises to promote ‘Made in Pakistan’ products in Libya and adjoining African countries,” he said. The envoy designate highlighted that no foreigner could purchase land in Libya, however, they could lease it through Libyan partners.

Source: Libya Today February 06, 2021 03:56 UTC