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Libya eyes investment in Italy power, building sectors
ROME, June 11 |
ROME, June 11 (Reuters) - Libya is looking at potential investments in Italy's electricity and infrastructure sectors, including power producer Enel and construction company Impregilo, the head of Libya's sovereign wealth fund said on Thursday.
Abdulhafid Zlitni, chairman of the Libyan Investment Authority, told a group interview that Libyan officials planned to have talks to set up joint ventures with Italian companies for projects in the North African country.
He cited the Libyan telecom sector as one area that Telecom Italia (TLIT.MI) could be involved in.
Libya last year held talks to buy a stake in Telecom Italia but they broke down on concerns over price and debt levels.
Libya was "following the value of Telecom Italia stock" but would buy shares only if the price was "good and suitable".
(Reporting by Deepa Babington)
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