Icon
Logo

Establishment of a national consortium in the construction and property investment sector

Date 2025-07-05
Author
By Admin
Establishment of a national consortium in the construction and property investment sector
As part of the Libyan Cooperative Company for Industrial Zone Management and Urban Development’s efforts to implement its national plan to establish specialised cooperative consortia, an extended meeting was held this Saturday morning, 5 July 2025, attended by 32 Libyan companies specialising in construction, property investment and urban development. This meeting was convened at the invitation of the Cooperative’s Board of Directors, as part of a programme aimed at: Organising companies into specialised implementation clusters Promoting a culture of collective partnership rather than negative individual contribution Creating investment clusters capable of implementing the state’s major projects During the meeting, it was agreed to establish a national economic bloc representing this vital sector, with the aim of integrating it into economic development and productive diversification programmes, and actively participating in the management and financing of infrastructure, housing, and urban development projects across Libya