Libya's Industry Minister meets KPMG to boost sector development

Libya's Minister of Industry and Minerals, Mohamed Abdelgader, met with KPMG's Tunisia office director and experts in Tripoli to explore avenues for cooperation. The meeting aimed to harness international expertise to foster development within the industry and mining sectors.

Officials from the ministry's affiliated agencies, institutions, and companies attended the session. KPMG representatives showcased their capabilities in strategic development, feasibility studies, institutional governance, digital transformation, and performance enhancement. Key areas for collaboration identified included developing industrial strategies, creating an investment map, localizing industries, enhancing industrial zones, and improving factory efficiency.

The minister stressed the importance of international expertise for knowledge transfer and building national capacity. He highlighted the need to translate studies and plans into actionable programs and projects to boost sector efficiency, stimulate investment, and improve the competitiveness of Libyan products. The collaboration is expected to contribute to economic growth and industrial advancement in Libya.

At the meeting's conclusion, both parties committed to ongoing coordination and information exchange. They plan to explore priority cooperation areas and establish a technical framework for the next phase, adhering to all applicable laws and procedures.