Official Statement on The Launch of the Libyan Investment Authority’s Asset Revaluation Project
The Board of Directors of the Libyan Investment Authority (LIA) has formally approved the launch of a comprehensive asset revaluation project, in line with its approved strategy and its ongoing commitment to the principles of sound governance, transparency, and disclosure. This project encompasses the LIA’s assets, which constitute a diversified investment portfolio with broad geographic and sectoral distribution.
In accordance with the highest professional standards and internationally recognized best practices, this project will be executed through the engagement of one of the Big Four global audit firms. Such a strategic initiative aims to enhance the quality of financial data, strengthen disclosure levels, and ensure that the fair value of LIA’s investments is accurately reflected in the consolidated financial statements, thereby providing a clearer and more precise representation of the true position and value of its investments.
The updated valuation will support strategic decision-making and the restructuring of certain subsidiaries and investments. It will also enhance stakeholders’ and potential investors’ understanding of the LIA’s portfolio, paving the way for strategic partnerships and alliances built on transparent and reliable foundations.
In parallel, the LIA intends to announce the launch of a program to attract top national graduates in accounting, investment, and business administration. Applicants will undergo professional assessments and selection processes in collaboration with a specialized international firm, as a precursor to a comprehensive training program focused on internationally recognized asset valuation methodologies. This program aims to build qualified national capacities, ensuring that the LIA and its subsidiaries can conduct professional self-assessments accepted by audit and review firms and reliably reflected in the consolidated financial statements.
In this respect, the LIA has directed its subsidiaries to develop and update clear, measurable action plans, linking their outputs to the revaluation results, thereby contributing to improved operational efficiency, enhanced sustainability, and the achievement of the LIA Group’s strategic objectives.
This direction builds on the LIA’s ongoing efforts to optimize asset management efficiency; notably, the last comprehensive portfolio valuation was conducted as of 31 December 2019, at which time the total asset value was estimated at approximately USD 68.3 billion.
The LIA reaffirms its commitment to an institutional approach grounded in systematic disclosure and sound governance, ensuring the protection and growth of the Libyan public assets and serving the national interest over the long term.

Libyan Investment Authority
Issued on: 15/04/2026