Sat. Jun 15th, 2024

The Libya International Conference on Industry and Technology concluded on Tuesday at the Corinthia Hotel in the capital Tripoli.

The conference brought together researchers and experts from Tunisia, Egypt, Sudan, Lebanon, China, Kuwait and Iraq, and witnessed the presence of the Minister of Italian Companies and Industry and the Deputy Minister of Industry of Turkey.

The recommendations issued by the conference stressed the importance of the state’s role in supervising and directing economic activity and encouraging local and foreign investment in the industrial sector.

Participants called for developing technological capabilities, benefiting from the infrastructure of military industries, and supporting the banking sector to provide the necessary financing for industrial projects.

The recommendations also stressed the protection of local products and the promotion of investment in the food and petrochemical industries.

The conference highlighted the importance of international cooperation and benefiting from pioneering industrial experiences, as well as developing laws and legislations to encourage investment, transfer technology, and promote innovation and entrepreneurship, with a focus on confronting climate change.

These recommendations aim to strengthen the Libyan economy and achieve sustainable development by involving various vital sectors in the development process.

At the end of the conference, participants from different sectors and countries were honored at the end of the conference, in addition to honoring the organizing committee.

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