Tag Archives | Asamer Holdings

Benghazi Cement Plants to be Rehabilitated

By John Lee. The Libyan Cement Company (LCC) has said that damage to its two plants in Benghazi has been significant, but believes they can be brought back into production by summer 2018. The factories, in Hawari district, were caught up in the battles between the Libyan National Army (LNA) and militia groups in March […]

LHG Buys Libyan Cement Company

Libya Holdings Group Ltd. (“LHG”), the investment company focused on growth opportunities in the Libyan market, today announced that it has reached an agreement to acquire a majority stake in Libyan Cement Company Inc. (“LCC”) through a special purpose acquisition vehicle. The transaction will mark a further step towards establishing LHG’s position as a dominant […]

Libya offers business and investment opportunities

Mario Zotelle, chief executive of Joint Libyan Construction Company (JLCC), told 150 representatives from 60 companies from the UAE, GCC, Europe and Africa that Libya is in urgent need of infrastructure upgrade and general housing and business reconstruction. JLCC is owned by Asamer Holdings, which is one of the most experienced foreign investors in Libya […]