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🛒 تسوق الآنDbeibeh: Libya Seeks to Benefit from China Industrial Experience to Build Modern Economy
Dbeibeh: Libya Seeks to Benefit from China's Industrial Experience to Build Modern Economy
Prime Minister Abdul Hamid Dbeibeh announced that Libya is actively seeking to leverage China's industrial expertise to create jobs for young Libyans and build a diversified modern economy, during a dialogue session on the Libyan-Chinese partnership held on Wednesday, May 13, 2026.
Main Facts and Key Details
The dialogue session was organized by the High Committee for Supervising Libyan-Chinese Cooperation. During his address, Dbeibeh stated: "We have major trade and economic ties with China, and developing them is a priority imposed by global economic developments. Therefore, today we extended a direct invitation to major Chinese companies to operate in Libya." He pledged to provide a safe and stable investment environment and to remove administrative and legal obstacles facing partners and investors.
Bilateral trade figures underscore the growing economic relationship. Trade volume between Libya and China reached 520 million US dollars in February 2026 alone, with Libyan exports rising to nearly 223 million dollars, while imports from China increased to 297 million dollars during the same month. The Prime Minister emphasized his government's ambition to transform Libya into a strategic logistical hub serving the broader region while localizing industry in ways that directly benefit Libyan citizens.
Reactions and Context
The High Committee for Supervising Libyan-Chinese Cooperation, which organized the event, has been working to strengthen institutional frameworks governing bilateral ties. Economic analysts view the engagement as part of Libya's broader strategy to diversify its partnerships beyond traditional Western allies and attract foreign direct investment into non-oil sectors.
Libya's push for Chinese industrial collaboration comes at a time when the country is seeking to rebuild infrastructure damaged over more than a decade of conflict. Sectors including construction, manufacturing, telecommunications, and renewable energy have been identified as priority areas for cooperation. The government's "Return to Life" programme has already signaled openness to international partnerships across key industries.
Challenges and Outlook
Despite the optimistic rhetoric, significant challenges remain. Libya continues to navigate a complex political landscape with competing institutional authorities, which can deter foreign investors seeking regulatory stability. Security concerns, bureaucratic inefficiencies, and the absence of a unified legal framework for investment pose additional hurdles.
Nevertheless, the direct invitation to major Chinese companies marks a concrete step toward deepening economic ties. If Libya can deliver on its promises of administrative reform and security guarantees, the partnership with China could play a pivotal role in the country's post-conflict economic reconstruction and its efforts to reduce dependence on oil revenues.
The Libyan-Chinese cooperation dialogue is expected to continue in subsequent sessions, with both sides exploring memoranda of understanding in industrial development, technology transfer, and workforce training programmes.
