The National Development Agency (NDA) received a high-level government delegation from the sisterly Sultanate of Oman, represented by the Oman Investment Authority (OIA). The delegation was accompanied by representatives from leading Omani firms, including the Oman Aviation Group, during an official visit aimed at discussing and enhancing joint investment cooperation prospects in Libya.
The Director General of the NDA held an extensive meeting with the visiting delegation, during which a range of strategic investment proposals were reviewed. The discussions focused on vital sectors, including aviation, airport management, the cement industry, as well as urban management and digital transformation. Furthermore, both parties announced the formation of joint task forces to study cooperation opportunities and implement these proposals on the ground.
The Director General praised the standing of the Oman Investment Authority as one of the world’s most significant sovereign wealth funds, emphasizing the sincerity and serious commitment shown by the Omani side to enter into developmental partnerships with the National Development Agency.
For his part, Abdullah Al-Kindi, CEO of Oman’s OSOS, expressed his satisfaction with the remarkable progress witnessed in Libya. He lauded the “youthful spirit” and the accelerated pace of work and urban development, affirming that Omani companies look forward to strengthening ties with their brothers in Libya through high-quality and sustainable projects.
This visit reflects the growing confidence of regional financial institutions and sovereign wealth funds in the investment climate that the National Development Agency seeks to provide. It aligns with the Agency’s vision to revitalize the national economy and develop the country’s strategic facilities and services.
