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TCTI to make business gains in Libya
DUBAI— Dubai-based Trade Circle Technical Industries (TCTI), one of the region's leading cold store and refrigerated truck manufacturers, aims to use experience gained during the Iraq rebuilding programme to make major business gains in Libya.
A division of WAFI Industrial LLC, TCTI will launch its bid to break into Libya's fast -expanding food market during the 'UAE in Libya' exhibition taking place in Tripoli in November. The event is presenting UAE-based businesses with a 'gateway' to capitalise on Libya's new era of growth and development.
The company, which has completed several projects under the UN 'Oil for Food' programme through its Baghdad office, sees Libya as a significant new market, which can give a fresh boost to the company's revenues.
"Libya is an extremely exciting market for us now final sanctions have been lifted and the country is entering a period of massive foreign investment and enterprise," said Subeash Sumanasekera, Assistant General Manager of TCTI.
"Experience gained in Iraq prepares us for doing business in a re-opened market and we hope this knowledge, along our presence at 'UAE in Libya', will give us a competitive edge."
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