Tripoli government discusses restarting Turkish investment in Libya

Libya’s Government of National Accord (GNA) and the country’s economic authorities discussed reviving Turkish investment in the country.

Prime Minister Fayez al-Sarraj, Minister of Planning Al-Hadi Al-Taher Al-Juhaimi and central bank officials held talks about kickstarting delayed projects including investments in the electricity and energy industries, Turkey’s state-run Anadolu news agency reported on Tuesday, citing a written statement by Sarraj’s office.

Sarraj said in the meeting that the talks would be “a starting point to restarting and completing unfinished projects and establishing stable relations between the two countries with the participation of the private sector”, according to the statement.

Anadolu said a military campaign by General Khalifa Haftar, leader of the Libyan National Army (LNA), to seize control of Tripoli from the United Nations-recognised GNA, which began in April last year, had wrought great damage on the country’s electricity infrastructure. That meant there were power cuts in the capital for up to eight hours a day, it reported.