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4th Forum for the Investment Projects’ Investors    ..........   6th Meeting of the Management Committee   ........The Seminar on Competitiveness, under the slogan
  
     
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29/06/2010The Privatization & Investment Board held the 4th Forum for the Investment Projects’ Investors, as part of its ongoing efforts in the pursuit of the Board’s development and coordination of its ambitious plans. The 4th Forum, held in the Lebdah Hall of the Corinthia Bab Africa Hotel in Tripoli on Monday 28th June 2010, under the slogan of "Together for the Best", aimed to further develop communication and dialogue between the Board and the investors. The Forum’s discussions covered the notes and observations of the past forums and their subsequent follow-up, solutions to the various obstacles hindering the aspirations of the Authority, while proactively creating a suitable investment climate and generating opportunities for those investors to realize their objectives and to overcome any obstacles faced. In addition, a review was made of the changes in the Investment Promotion Law and the customs, taxation and labor laws. The Forum generated an open dialogue between the participants and the Board’s officials, in addition to a valued input from companies, organizations, institutions and other interested parties.
28/06/2010The Management Committee of the Privatization and Investment Board convened for its 6th Meeting on Sunday, 27th June 2010. The Agenda covered the measures to implement the minutes of previous meetings, a review of investment projects submitted for appraisal and the relevant evaluations from the Board’s departments, in addition to other points raised and the approval of several projects.
13/06/2010On Thursday 10th June 2010, celebrations were held at the Rixos Nasr Hotel, on the occasion of laying the Foundation Stone of the new Jotun Paint Factory. The Jotun Paint Factory is an affiliate of the Privatization and Investment Board, in accordance with the provisions of Law No. 9, 2010, for the Promotion of national and foreign capital. The celebrations were attended by the General Manager of Jotun Global, Jotun’s Regional Director for the Middle East, the Regional Director for North Africa and the Chairman of the Board of Directors of Jotun Libya, the Director of the Promotions Department and the Director of the Department of Real Estate and several of the Privatization and Investment Board’s employees, in addition to a large number of guests and the employees of Jotun Libya.
13/06/2010The Seminar on Competitiveness, under the slogan of "Competitiveness at Home is the Way for Success Abroad", and the accompanying Training Course, organized on the sidelines, by the Privatization & Investment Board & the Export Promotion Centre, came to a close on Thursday 10th June 2010 at the Rixos Nasr Hotel. The trainees displayed models illustrating the proposals for establishing an economic group or gathering. At the Closing Ceremony, the Director-General of the Export Promotion Centre, the Assistant Secretary of the Privatization Board and the Assistant Director- General of the Export Promotion Centre handed out Certificates of Appreciation to the trainees and gifts and commemorative plaques to the international experts from the field of competitiveness.
06/06/2010The Workshop and Training Course on Competitiveness, under the title "Competitiveness at Home leads to Success Abroad", was opened by the Secretary of the General People’s Committee for Industry, Economy and Trade on Sunday, 6th June 2010, with the presence of the Secretary of the Management Committee of the Privatization & Investment Board, the Director-General of the Export Development Centre, the President of the League of the Arab Maghreb countries and company CEOs and local businessmen. The Workshop and Training Course, under the auspices of the Privatization and Investment Board, is being held under the supervision of "Competitive Specialists" from America and New Zealand and will continue until 10th June 2010.
02/06/2010On Monday, 31st May 2010, Al-Naseem for Food Industry, an affiliate of the Privatization and Investment Board, was awarded the International Quality Gold Award for 2010. The Award Ceremony took place in New York, U.S.A. in the presence of a large audience of businessmen and company CEOs from sixty-four countries. 500 CEOs international companies had cast their votes in the run up to the Award Ceremony. The award is given in recognition of the efforts of international companies and institutions to promote and apply the concepts of comprehensive quality and consumer satisfaction, by proactively utilizing this philosophy in their operations. The award is given annually and the winners are selected in a series of international conferences held in 5 capitals of the world, the last of which was the 14th Conference held in New York.
01/06/2010The Assistant Undersecretary of the General People’s Committee for Industry, Economy and Trade and the Secretary of the Management Committee of the Privatization and Investment Board met with the Director-General of the Turkish Investment Agency and his accompanying delegation on Sunday, 31st May, 2010. Discussions covered the most efficient method of activating cooperation between Libyan and Turkish companies and how to develop commercial relations to relations based on partnership. This would then enable the Turkish and Libyan companies to contribute to the Development Programme for 2010-2012, as was previously agreed at the Libya-Turkey Business Form, held in Istanbul in May 2010. Consideration was given to activating Libyan investment in Turkey, especially in the industrial and agricultural sectors. There was also agreement on the need to protect investments in both countries. The next Libya-Turkey Business Forum will be held in Tripoli in September 2010.
25/05/2010The Secretary of the Management Committee of the Privatization and Investment Board met with the Ambassador and the Commercial Attaché of the Embassy of Pakistan, with the attendance of the Board’s Director of Promotion and Information Department The Secretary elucidated on the Privatization and Investment Board’s activities, explaining the laws and legislations, which regulate privatization and underlined the necessity of developing relations between Libya and Pakistan. The Ambassador stressed the importance of such meetings to enhance Pakistan-Libya relations and to develop cooperation in investment, with the possibility of establishing joint investment projects.
21/05/2010On Thursday, 20th May 2010, the 1st Libya-Turkey Business Forum opened, under the slogan of Partnership and Investment, in the Conference Hall of the Movenpick Hotel, in Istanbul ; the Forum was jointly organized by the Privatization and Investment Board in Libya and the IPA in Turkey. Attending the Forum were the Turkish Minister of Industry and Trade, Mr. Nihat Ergün, the Under Secretary of the General People’s Committee for Industry, Economy and Trade, the Secretary of the Management Committee of the Privatization and Investment Board, the Secretary of the Libyan People’s Bureau, the General Manager of the Turkish Investment Promotion Agency, the Chairman of the Libyan-Turkish Businessmen’s Council, the Chairman of the Turkish Businessmen’s Association and many important figures, CEOs and representatives of companies, institutions and organizations as well interested parties, from both countries. Masny speeches were delivered by both sides, stressing the need to strengthen cooperation and communication in all areas. The speeches reflected the excellent bilateral relations and the need to continue consolidating and strengthening these relations, while intensifying joint consultations and efforts to open new work programs and joint investments in both countries.
20/05/2010On Wednesday, 19th May 2010, in the Board’s Headquarters, the Assistant Secretary of the Management Committee of the Privatization and Investment Board received the American Assistant Secretary of Trade and the American Ambassador to the Great Jamahiriya. Also present were the Heads of the Departments of Renewable Energy, Promotion and Technical Cooperation. The Assistant Secretary explained and elucidated on the Board’s strategies and procedures regarding the privatization and investment process of economic units, as well as the optimum ways of enhancing bilateral cooperation in the area of investment ; discussions extended to the possibility of establishing investment projects by American investors in the various sectors identified by the Investment Promotion Law. Emphasis was placed on the importance of signing a trade and investment agreement between the two countries that would lay the foundation stone for the beginning of a genuine bilateral cooperation.


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