The Libyan Arab Foreign Investment Company (LAFICO) is a state-owned investment firm established in 1976. Its primary goal is to manage and diversify Libya's foreign investments, focusing on sectors such as real estate, finance, and industry. LAFICO plays a crucial role in enhancing Libya's economic development by seeking profitable opportunities both domestically and internationally. LAFICO operates under the supervision of the Libyan government and aims to maximize returns on investments for the benefit of the Libyan people. The company has a diverse portfolio, including investments in various countries and industries, reflecting its commitment to sustainable economic growth and development.