Libya reveals its plans for foreign investment

The C.W.C group said that Libya will reveal its five fold plan for the investment in the coming month during the foreign investment conference which will be held under the auspices of the government and organized by the group.

Informed Libyan sources said that the Libyan President Moammar al-Gaddafi and prime minister Mubarak Abu Allah El-Shamekh and the former energy minister Abdu Allah Salem El-Badri ( recently appointed as the deputy prime minister) will attend the opening session of the conference.

El-Badri also worked as a head for the national petroleum company before being promoted at the end of last month.

The group said the conference will extend the investment opportunities in the main sectors in the Libyan economy among which are the petroleum, gas, transportation, agricultural, industry and tourism sectors.

Libya adheres on attracting the foreign investment and to promote its economy on the international arena following the halt of the international sanctions imposed by U.N in last year.