The Middle East Association (MEA) organised ‘LIBYA IV Trade and Investment Forum’. The Conference was held in London from 9 am to 4 pm on Tuesday, 6th July 2010, at 1 Great George Street, Westminster.
The conference had the full support of UK Trade and Investment, the Tripoli Chamber of Commerce, the Libyan Businessmen’s Council, the People’s Bureau of Libya in London and the British Embassy in Tripoli
Libya is Africa’s second largest oil producer, Europe’s single biggest supplier and a major gas producer with a huge potential to develop its economy. The country is going through a complete makeover, both politically and economically. The government is keen to diversify the economy, promote foreign investment, and redistribute wealth through private enterprise. With no foreign debt, Libya has an estimated $136bn in foreign currency reserves and is looking for places to invest.
Key decision makers from Libya and speakers from the UK gave speech in the fourth annual Libya conference and provided a political and economic overview and shared their insights on specific sectors including oil and gas, construction & infrastructure, education & training, healthcare, finance, law, telecommunications, and retail.
Some of speakers are Baroness Symons of Vernham Dean, Michal Thomas (MEA), Dr. Alsedieg Alshaibi (GM of Ministry of Planning & Finance), Mr. Abdulmagid El-Mansuri (MD of ABC consultancy) and Mr. Richard Slade (Commercial Manager of Exmed) and was attended by around 175 business representatives from all sectors of the British and International business communities including a 35 strong delegation from Libya.
In the picture above from left, Mr. Osma Gnijiwa (GM of Al-Birdi Co), Mr. Omar Jelban (Libyan Ambassador to the UK), Mr. Abdulmagid El-Mansuri (MD of ABC consultancy), Mr. Tarek Alwan (MD of SOC Libya (myslf)) and Dr. Mohamed Tunmi (Owner of Tumi Law Firm).