‘Libya seeks to strengthen economic and investment cooperation with Qatar’
<p>Doha, Qatar: Libya attaches high importance to strengthening economic and investment cooperation with Qatar and transforming the strong relations between the two countries into practical and sustainable partnerships, Prime Minister of the Government of National Unity of the State of Libya H E Abdul Hamid Mohammed Dbeibeh has said.</p> <p>Delivering a special address during the ninth edition of…
Doha, Qatar - Prime Minister of Libya's Government of National Unity, H E Abdul Hamid Mohammed Dbeibeh, emphasized the country's commitment to bolstering economic and investment ties with Qatar during the ninth World Investment Forum 2026, hosted by Qatar in partnership with UNCTAD. Dbeibeh highlighted investment as a crucial element in economic growth and sustainable development, underscoring Libya's initiatives to diversify its economy and expand investment opportunities.
He expressed gratitude to Qatar for hosting the forum and UNCTAD for their role in enhancing international economic cooperation.
The Libyan leader affirmed Libya's intent to forge robust economic partnerships with friendly nations, sovereign investment funds, and international financial institutions based on mutual interests, trust, and commitment. He reiterated Libya's eagerness to improve economic and investment collaboration with Qatar, transforming their strong relationship into practical and enduring partnerships.
Dbeibeh stressed Libya's readiness to embrace investments across various sectors including energy, infrastructure, transportation, agriculture, industry, tourism, technology, and renewable energy.
Libya is actively seeking to attract investments aimed at transforming them into effective projects and sustainable partnerships. This transformation will be achieved through enhanced public-private sector collaboration, technology transfer, localizing industries, and job creation. Libya's energy sector, along with other economic opportunities, is presented as a key area for investment, with improving transparency in the Libyan economy deemed essential to safeguarding the country's financial assets for future generations.
Dbeibeh outlined Libya's vision of evolving into a high-income economy, achievable through ongoing reforms, strengthened institutional stability, and a transparent investment environment conducive to long-term partnerships. He concluded by emphasizing that Libya's economic future hinges on continued reforms, institutional strength, and a transparent, investor-friendly environment.
Written by urgent.news from The Peninsula Qatar Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
