On Thursday, October 15, 2026, the Libyan Cooperative Company for Industrial Zones Management and Urban Development held a Board of Directors meeting, alongside a consultative meeting to discuss proposed amendments to the company’s Articles of Association, in line with the anticipated expansion of its activities and investment plans.
The discussions focused on finalizing the legal and institutional arrangements related to the Takaful Investment Fund, mechanisms for increasing the company’s share capital, and preparations for the next phase, which aims to transition from establishment to the actual implementation of investment and development projects and programs.
The Board of Directors also discussed ongoing preparations for the company’s first forum, as well as arrangements for the Ordinary and Extraordinary General Assembly meetings. These meetings will provide an opportunity to present the company’s achievements since its establishment and outline its future plans in the fields of industrial zones, urban development, and project financing.
The company reaffirmed that the upcoming phase will witness new practical steps toward launching strategic projects, expanding its shareholder base, and strengthening its role in supporting investment and development.