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| Oryx Natural Resources
{ Democratic
Republic Of Congo }
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Telecommunications
Realizing the importance of telecommunications
sector for developing economies, LAAICO intends
to expand investing in this dynamic field in
line with its present joint venture in the Republic
of Niger (SONITEL) and The Islamic Republic
of Comoros (Comcell).
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Mining
Taking in consideration the enormous potential
of mineral resources in the African continent,
the Libyan Arab African Investment company didn’t
ignore these potentials by investing in joint
companies like Ashanti Goldfields, Mifergui - Nimba
for steel production and Cocamines and Oryx Natural
Resources for diamond mining, on a sound economical
basis. Plans are underway for investing in other
minerals such as tantalum, silicon, manganese
. . . etc.
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Tourism &
Real Estate
LAAICO boasts a portfolio of diverse product range
of hotels having over 3500 rooms rated from 3
to 5-stars, from city center hotels catering mainly
to the growing demand of businessmen to lodges
in the heart of Africa’s finest wildlife
national parks.
Some of those hotels and lodges are owned outright
by LAAICO, others are jointly owned. Most are
being managed by professional management companies,
thus optimizing quality control and guest satisfaction.
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Manufacturing
The availability of raw materials, local and international
markets for the end product, the long practical
experience in Africa, are all factors which induced
LAAICO to turn its attention to investing substantially
in the industrial sector encompassing forestry
& timber production, natural rubber processing
, fruit juice processing, fresh water bottling
and garment manufacturing. Moreover ,plans are
also underway to invest in tobacco, plastic industries
and the expansion in fruit juice processing &
concentrates. |
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