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LAIP stated that it aims to develop some of its subsidiaries to provide services worthy of Libyan citizens. These include its Laptech ICT Services Company and the OiLibya (Ola Energy) subsidiary.
The Libya Africa Investment Portfolio, part of Libya’s sovereign wealth fund holding entity, the Libyan Investment Authority (LIA), said that as part of its focus on internal investment, it seeks to establish, develop, and pave the way for several projects.
These include service and tourism projects that contribute to supporting the quality of life and local development. These include establishing a smart commercial service city and an integrated tourism project. In its statement, the LAIP did not give any further details about these projects
LAIP stated that it aims to develop some of its subsidiaries to provide services worthy of Libyan citizens. These include its Laptech ICT Services Company and the OiLibya (Ola Energy) subsidiary. The investment portfolio said it also aims to pave the way for Libya with strategic projects that support infrastructure and enhance internal and regional connectivity. These include the Libya Africa Transit Corridor Project and the Misrata Cement Factory Project.
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Finally, LAIP said it is contributing to establishing a more sustainable future by focusing on investment studies in renewable energy projects.
