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The Minister of Economy in the Government of National Unity approves four companies (Tunisian, Italian, Russian, and Chinese) for joint investment projects in Libya.

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Tripoli, April 16, 2026 (LANA) – The Minister of Economy and Trade in the Government of National Unity, Suhail Boushiha, decided today, Thursday, to approve four foreign and joint-venture companies to support the investment climate in several vital sectors in Libya.

The Minister attributed the approval decisions to the Ministry of Economy and Trade's commitment to supporting the investment climate, encouraging the entry of foreign and joint-venture companies into the Libyan market, enhancing the business environment, raising confidence in the national economy, and facilitating procedures for investors, thereby contributing to supporting investments and revitalizing various economic sectors.

According to the Ministry, the approved companies are: International Engineers, Architects and Consulting (Tunisian nationality, opening a branch); Angiran Joint Stock Company (Italian nationality, opening a branch); Tatneft Joint Stock Company (Russian nationality, extension of its license); and China National (Chinese nationality, extension of its license).

...(LANA)...