Malta Enterprise is organising a business delegation to Libya with a specific focus on the ports and maritime services.
The trip will provide companies operating in this industry the opportunity to explore the business and investment opportunities that post-revolution Libya is offering.
Led by the finance and fair competition ministers, the trip is between April 16 and 19 and is the first one to take place since the uprisings.
At an institutional level, ME has already visited Libya and, in tandem with the Malta Enterprise Commercial Office in Tripoli, strived to establish the formal structures to offer local enterprises a good launching pad to do business in Libya, while facilitating the process for Libyan enterprises looking at trade and investment opportunities in Malta.
"The work we have done in the background in the past months was crucial to ensure that any initiative we undertake can have a successful outcome, given that practically all institutions and business support organisations in Libya underwent radical reforms.
"In this sense, the partnership agreement Malta Enterprise has signed with the General Board for Ownership and Investment within the Libyan Ministry for Economy paves the way for our initiatives," said Malta Enterprise executive chairman Alan Camilleri.
"Now that the situation has somewhat stabilised, we can look with optimism at organising the first of a series of delegations to Libya."
Mr Camilleri said ME had received an overwhelming response to its call for interested parties to participate in the business delegations with more than 450 companies approaching Malta Enterprise.
The April delegation is aimed at business operating in marine engineering, construction and technical services; ship repair, port management and other services; industrial fish processing and farming; yacht marina development and management; as well as maritime training and value adding services.
Malta Enterprise will assist the participating enterprises in the setting up of business meetings with their counterparts in Libya, while visits to a number of ports are also being planned.
ME and Transport Malta shall also be organising two separate seminars for Libyan officials involved in regulating these sectors with the aim of providing training and assistance to these public bodies based on Malta's expertise in the fields.
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