Abdulhamid Dabaiba, head of the Government of National Unity, said that Libya seeks to draw on China’s industrial experience to create job opportunities for young people and build a modern economy.

He made these remarks during a panel discussion on Wednesday regarding the Libyan-Chinese partnership, organized by the High Committee for Oversight of Libyan-Chinese Cooperation.

Invitation to Chinese Companies to Operate in Libya

Dabaiba added: “We have significant trade and economic ties with China, and developing them is a priority dictated by global economic developments. Therefore, today we issued an explicit invitation to major Chinese companies to operate in Libya.”

Commitments to Facilitate Investment

Dabaiba pledged to provide a safe and stable investment environment and to remove administrative and legal obstacles for partners and investors, adding that his government seeks to transform Libya into a strategic and logistical hub serving the region while localizing industry to benefit Libyan citizens.

Trade between Libya and China reached $520 million last February, with Libyan exports rising to approximately $223 million and imports from China increasing to $297 million during the same month.