Newsletter No. 572
News-Analysis
April 4, 2007

 

JAPANESE COMPANIES PARTICIPATE IN TRIPOLI INTERNATIONAL FAIR

Kyodo News reports that twelve Japanese companies or groups are participating in the 36th Tripoli International Fair from April 2nd to 12th. The fair is expected to host about 2,000 corporations from around the world, and draw in about 250,000 visitors. It is situated on Tripoli’s Omar Mukhtar Street, and covers about 90,000 square meters of territory.

Picture: Advertising picture for 36th Tripoli International Fair
Source: Tripoli International Fair website

Unfortunately, the information on Japanese involvement in the fair is quite limited. The JETRO website suggests that they have been participating in the Tripoli International Fair annually since 2000. It is not clear which twelve Japanese organizations are participating, except for Teikoku Oil and Sharp, representatives of which had quotations in the Kyodo piece.

From Atsushi Inoue of the Teikoku Oil subsidiary of Inpex: “Libya is an attractive treasure-trove.”

From Chikashi Yokota of Sharp: “We do not expect our participation to produce the immediate effect of inducing sales here. Our aim is to have Libyan people become familiar with our liquid crystal display televisions.”

At any rate, the general message is that some Japanese companies are eyeing an entry into the Libyan market.