William Wu, CEO attends the First Chinese-Libyan Economic Forum in Beijing

Beijing, May 31, 2024 (LANA) - The Prime Minister of the National Unity Government of Libya, Abdul Hamid Al-Dbaiba, opened in the Chinese capital, Beijing, the work of the first Chinese-Libyan Economic Forum under the slogan “Libya-China are partners in development and reconstruction,” in the presence of 84 Chinese companies working in the fields of various directors of the government's executive agencies.

The media office of the Prime Minister of the National Unity Government said that “Al-Dbaiba” stressed in the speech he delivered at the opening of the forum the role of China in the reconstruction taking place in Libya, and the necessity of focusing on resuming the suspended projects, contracting them with Chinese companies, and considering it the first stage of joint cooperation.

A number of Chinese companies presented technical presentations showing their areas of work and similar projects in a number of countries around the world. William Wu, from TOKO group invited to attend the forum. He believes this forum will further enhance TOKO business in Libya.

Last year, bilateral trade between China and Libya reached $6.1 billion, up 16.09 percent year-on-year, according to official statistics. Libyan PM Al-Dbaiba also said that Libya expects Chinese companies to play a bigger role in working for development and reconstruction of the Libya.