The Chairman of the founding committee handed over all relevant documents to the Board of Directors of the Libyan Businessmen Council. The documents were received by Eng. Rashid Al-Suwani, Chairman of the Board, in the presence of board members.
The ceremony was attended by members of the Economic Committee of the High Council of State, along with members of the fund’s founding committee, as well as a distinguished group of academics, economists, and a number of business leaders.
This step signals the transfer of the file to the Board of Directors of the Libyan Businessmen Council, which will refer it to the House of Representatives to proceed through the legislative process and follow the necessary procedures for the fund’s approval by the legislative authority, in preparation for its official launch and the commencement of its operations.
The Libya Industrial Development Fund is considered a national private-sector initiative aimed at supporting and financing the industrial sector, enhancing its contribution to diversifying national income sources, and driving economic development in the country.
During the ceremony, members of the founding committee were honored and granted honorary memberships in the Libyan Businessmen Council, with an emphasis on continuing cooperation and benefiting from their expertise throughout the fund’s implementation phase. The founding committee members are:
- Dr. Abu Seif Al-Zarroug Aghnia
- Dr. Suleiman Salem Al-Shahoumi
- Dr. Abu Rima Ali Belqasim
- Dr. Ayoub Mohammed Younes Al-Farsi
- Mr. Saleh Mousa Al-Jaghdaaf
- Counselor Issam Mohammed Al-Taher
- Mr. Abdulati Mohammed Othman
