The Long-Term Investment Portfolio participated in a workshop organized by the Libyan Investment Authority today, Thursday, focusing on the project to restructure its subsidiaries.
The workshop was attended by the President of the Corporation, Ali Mahmoud, and the Chairman of the Board of the Long-Term Investment Portfolio, Abdul Fattah Abdul Ghaffar.
The President of the Authority gave a brief description of the project to restructure the companies and its purpose, pointing out the problems and obstacles that the Corporation faced as a result of the difficulties encountered by a number of its older subsidiaries.
Abdul Fattah presented an overview, summarizing the conditions and performance of the portfolio’s subsidiaries, as well as several observations about the project and its implementation mechanism.
The workshop concluded with the Authority presenting a number of recommendations arising from the discussions that took place during the workshop, including emphasizing the importance of evaluating the conditions of their affiliated entities and urging them to submit investment plans for feasibility studies.