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LBC discusses referral of draft Libya Industrial Development Fund law to High State Council and on to the House of Representatives

bySami Zaptia

September 22, 2025

Reading Time: 1 min read

The Libyan Business Council (LBC) announced today that, in continuation of its initiative to stimulate industrial development and enhance the investment environment in Libya, a meeting was held today at its Tripoli headquarters to discuss the referral of the draft law on the Libya Industrial Development Fund to the High State Council. This will be in preparation for its ultimate referral to the House of Representatives for review and approval.

The LBC said the meeting comes within the framework of the LBC’s ongoing efforts to launch a national fund for industrial development with the aim of supporting local investment, developing industrial infrastructure, and contributing to diversifying the national economy.

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