PIB discusses with Germany’s Nickl & Partners Architects establishing an integrated smart medical city in Libya

Libya's Privatisation and Investment Board (PIB) is exploring the establishment of an integrated smart medical city within the country. The board announced it received a delegation from the Economic Holding Group and Germany's Nickl & Partners Architects to discuss an investment proposal for this ambitious project. The proposed medical city would encompass hospitals, specialized treatment centers, and an advanced healthcare service system designed to meet the latest international standards. This initiative is expected to significantly contribute to the development of Libya's health sector and enhance the availability of sophisticated medical services for its citizens.

During the meeting, the PIB detailed its role in fostering and encouraging investment within Libya. The board emphasized the benefits, facilities, and exemptions provided under the Investment Promotion Law No. (9) of 2010. These provisions are intended to improve the investment climate and incentivize the execution of strategic projects that align with national development goals.

The German delegation included key representatives such as the Head of the Strategic Projects Study Team at the Economic Holding Group, the Chairman of Nickl & Partners, and the company's Regional Director for North Africa and the Middle East. The PIB views this collaboration as a crucial step in its ongoing efforts to build partnerships with international firms and attract strategic investments. Such investments are vital for facilitating high-quality development projects, ultimately strengthening the national economy and elevating the standard of healthcare services across Libya.

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this meeting is part of its ongoing efforts to forge partnerships with international companies and attract strategic investments that facilitate high-quality development projects, ultimately supporting the national economy and elevating the standard of healthcare services in Libya.