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Home Banking & Finance

Build Libya 2012: Dubai Investments showcases subsidiaries' line-up of industrial products

22nd May 2012
in Banking & Finance, Education & Training, Investment
Build Libya 2012: Dubai Investments showcases subsidiaries' line-up of industrial products
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Dubai Investments PJSC (DI), the largest investment company listed on the Dubai Financial Market, is marking a presence at Build Libya 2012 by showcasing the industrial products and services of its subsidiaries.

The eighth edition of the international tradeshow which started yesterday runs until May 24 at the Tripoli International Fairground. The event features expertise and technology across a broad range of sectors from the international export community that meets the new Libyan government's goals of rebuilding the country's infrastructure.

Khalid Kalban, Managing Director and Chief Executive Officer, Dubai Investments, said: "Dubai Investments has been working in Libya through its subsidiaries for several years now. Libya's redevelopment process offers excellent prospects to leverage our expertise and contribute to the country's trade, infrastructural, and real estate sectors.

We hope this exhibition will provide us further opportunities to network with industry majors and government officials to gain significant traction within the rapidly growing market.

"We have been in talks with Libyan officials, but due to the political climate in the region, it wasn't conducive to start new projects. We have now re-started negotiations with them and they are keen to benefit from our experience gained in developing DIP. Our senior managers are currently in Libya to take this synergy forward", he added.

Masharie, the private equity arm of Dubai Investments, is showcasing companies such as light fixture manufacturer Lite Tech; cable management system pioneer Gulf Metal Craft; multi-service electricity control unit manufacturer Gulf Dynamic Switchgear; sealant manufacturer Anchor Allied; interior design and decoration consultant Gulf Dynamic Services; aluminium extrusions manufacturer Emirates Extrusions; turnkey laboratory furniture manufacturer Labtec, and specialised foundation contractor Stromek.

Emirates Glass, Lumiglass and Emirates Float Glass, part of Glass LLC, the first glass holding company in the Middle East, have brought their expertise to the event.

Dubai Investments Industries', auxiliary manufacturers including Dubai Cranes, Global Pharma and Emirates Building Systems are exhibiting their portfolio of project engineering and consultancy services. Dubai Investments Industries the industry arm of DI is committed to boosting the industrial development in local and regional markets.

Build Libya 2012 is drawing participation of companies from varied sectors such as construction, electricity, lighting, infrastructure, telecommunication, agriculture, food and beverages, as well as general products including plastic and packaging.

(Source: Emirates News Agency)

Tags: ConferenceDubai Investments

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