The General Authority for Investment Promotion and Privatization Affairs concluded today a memorandum of understanding with the Financial Pole Authority in Casablanca in the Kingdom of Morocco, via Zoom technology, in the framework of strengthening cooperation in the fields of investment and trade, in the presence of the Chairman of the Directors Board of the General Authority for Investment Promotion and Privatization Affairs, the Director General, the Director of the Promotion and International Cooperation Department, the Head of the Cooperation Department, the Vice-Chairman of the Board of Directors, the General Manager and the Director of African Affairs at the Financial Pole.

The memorandum of understanding is based on exchanging information and data on investment opportunities in Africa and Europe, as the Financial Pole Authority includes more than 200 investment companies in various sectors.

The authority also aims through the memorandum of understanding to enhance its role in the investment sector in the region and to attract foreign companies to participate in the implementation of investment projects in the State of Libya within the investment map of the authority and to contribute to the diversification of the national economy and the localization of industries.