UAE firms look to capitalise on emerging opportunities in Libya

An increasing number of UAE firms, especially from the construction, power, oil & gas, investment, engineering, healthcare, logistics and banking sectors, are set to capitalise on the emerging opportunities in Libya, according to Arabian Reach.

According to the Dubai-based exhibitions and events management company, which is organising the Libya Infrastructure & Rebuild Conference, the UAE is playing an active role in supporting Libya on political, military, security and humanitarian grounds while also offering technical support.

It says that the upcoming event will provide a major showcase of various industry expertise reflecting the importance of the vital sectors to Libya's economy by bringing together, production, service and supply companies, in addition to some of the world's leading technology companies. Visitors to the event will include senior Libyan Government officials and private sector planners, procurement officials, engineers of all disciplines, global specialist contractors, consultants and trading agents, providing the essential contacts necessary for the participating companies to secure a part in Libya's economic development programme.

Raj Menon, General Manager of Arabian Reach, said, "The Libya Infrastructure & Rebuild Conference is an excellent opportunity to get a comprehensive understanding of the ongoing and future infrastructure development projects in Libya, and also the various government and private sector investment opportunities. It was a challenging period for the people of Libya over the past year, but things are certainly looking up now and the country is slowly but steadily getting back on the track to progress. The UAE is keen on playing a major part in the development of Libya, and this conference and exhibition will create the perfect platform to further strengthen UAE-Libya trade and economic relations."

Over 150 delegates from Canada, China, Germany, Egypt, Italy, UAE, UK, GCC, Middle East, USA and other countries, will be participating in the two-day event, aiming to demonstrate their commitment to the Libyan market and create and strengthen their trading links with Libya's public and private sector business communities.                 

Dubai Chamber of Commerce & Industry has extended its support and endorsement to the Libya Infrastructure & Rebuild Conference, which is regarded as an event that will open new markets for UAE traders, manufacturers and services establishments in Libya, considered a gateway to the North and West African countries.

(Source: CPI Financial)

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