On Tuesday, September 5, 2023, the Chairman of the Board of Directors of the Libya Africa Investment Portfolio (LAIP) met with the Supreme Advisory Committee of the portfolio in the presence of the portfolio’s general manager.
During this meeting, the committee prepared to fulfil its duties, as it is in a position to initiate its work in accordance with the charter approved by the Board of Directors in accordance with Resolution No. (7) of 2023.
The Supreme Advisory Committee consists of experts in various investment sectors, including oil, hospitality, and agriculture, as well as financial and legal experts.
The committee was also established in accordance with Resolution No. (8) of 2023, which provides strategic support and technical assistance to the Portfolio’s Board of Directors.
Thus, both the board and the portfolio’s executive management will be able to formulate decisions based on a thorough and comprehensive analysis of all aspects, in order to accomplish strategic objectives and goals.
The committee has also been given the responsibility of studying and expressing opinions in order to address the obstacles and bottlenecks that impede the work of some companies/subsidiaries affiliated with the LAIP.