BANJA LUKA (Bosnia and Herzegovina), December 11 (SeeNews) – The Economic and Social Development Fund of Libya has shown interest toward increasing its stake in Bosnian pharmaceuticals producer Bosnalijek [SAJ:BSNLR], Bosnia's Foreign Investment Promotion Agency (FIPA) said.
According to data from the Sarajevo Stock Exchange, the state-run fund currently controls a 7.8% stake in Bosnalijek.
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The fund is also looking to step up its investments in Bosnia and Herzegovina, FIPA said in a statement last week, following a meeting with a delegaton of the fund.
Libya's Economic and Social Development Fund is a state institution that invests in tourism, industry and infrastructure projects in Libya and abroad.