Fabian Demicoli

GRTU to lead small business in their quest for Libya

 GRTU has today held a very successful and well attended meeting for all its members who have some kind of interest in the post-war Libya both if they were present in Libya before the trouble started or if they have never set foot in Libya.

 

GRTU believes in the importance of the Libyan market now like never before. From the vast experience GRTU representatives have in Libya GRTU can easily say that there are new opportunities in the new Libya specifically because it is different from the Libya before the war and business is slowly getting to be more transparent and healthy.

Mr Mario Debono, GRTU Council member heading the Libya initiative, provided participants with plenty of valuable and current information. Mr Debono, who has several years experience in the country, is today leading GRTU's initiative, signing agreements on behalf of GRTU with the Misurata Chamber of Commerce and the Libyan Businessman Council and helping GRTU assist Maltese businesses interested in Libya.

Mr Debono reported on the state of Libya today both economically and socially and explained how, if the approach is right, Maltese businessmen can achieve success in Libya. Mario Debono together with GRTU President Paul Abela have just returned from a business delegation to Libya which had very specific target areas.

This latest experience helped the GRTU go into detail about the business opportunities that exist, what investments are urgently needed and what would the Libyan people be interested in.

Imminently GRTU will focus on the four most important areas at the moment:

The food sector, including food handling and preparation

Construction services in its widest terms

General services (Finance, personal investment, insurance, etc…)

Maritime services

However no sectors will be excluded and therefore we will go into detail of all the interests, capacities and capabilities of our members. GRTU will be leading sector specific delegations, coaching members in their approach, helping in finding partners and making contracts and the required basics such as background research, visas applications, access to finance, setting up, etc…

A GRTU Libya Committee has been set up and GRTU is calling for interested members to form part of the Committee which already has a number of members. Interested enterprises can contact the GRTU Internationalisation Desk Ms Abigail Mamo on 21 232 881.

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