Libya has reaffirmed commitment to providing a safe and stable investment environment for Chinese companies to resume stalled projects and undertake new investments, particularly in the energy, housing and infrastructure sectors.
The pledge was made by PM Abdul Hamid Dbeibah during a dialogue session organized on Wednesday by the High Committee for Supervising Libyan-Chinese Cooperation. Dbeibah said Libya was steadily advancing towards stability and reconstruction and viewed China as a strategic partner in its development agenda.
The event, titled “The Libyan-Chinese Strategic Partnership: An Analysis of the Current Situation and a Vision for the Future,” was attended by Chinese Ambassador to Libya Ma Xueliang, government officials, academics and representatives from public and private institutions.
Dbeibah said the Government was working to translate improving stability into tangible development projects capable of improving the lives of Libyan citizens, while strengthening cooperation under the “Belt and Road Initiative framework”.
Ambassador Ma Xueliang praised bilateral cooperation and expressed China’s support for deepening strategic ties in investment, infrastructure and technology.
Abdulmajid Ibrahim, head of the High Committee for Supervising Libyan-Chinese Cooperation, said Libya’s reconstruction strategy depended on effective partnerships and the use of Chinese expertise in infrastructure, energy, technology and digital transformation to boost national economy and expand investment opportunities.
