LCI, represented by Mr. Karim Nasrallah (General Manager) attended GTR’s Libya Trade & Infrastructure Finance on the 6th of February 2014. The conference took place at the Swissôtel, the Bosphorus Conference in Istanbul, Turkey.

The Conference was composed of various panel sessions that discussed the rising opportunities on offer in Libya following the overhaul of its public institutions and private sector in preparation for full participation in the global economy.

Mr. Nasrallah was the moderator for the panel titled: “Meeting the need for trade and infrastructure development: Foundations for further growth”.

Topics discussed in the panel:
• Extensive need for infrastructural development across various sectors: Contract tender time lines and external funding
• Support and sources available for longer tenor funding.
• Export Finance Sector in Libyan Market – foreign banks & ECAs
• Support available for investment in smaller projetcs.
• Impact of anticipated political and regulatory reform on practicalities of trade and infrastructure development
• Key challenges for investors