Italian business group head Emma Marcegaglia said Friday she expects Libya to make more investments in Italy in the future.
Speaking at a meeting in Rome, Marcegaglia said she expects further bilateral cooperation between Italy and Libya.
Libyan leader Moammar Gadhafi is attending the meeting as part of his first visit to Italy.
Thursday Abdulhafid Zlitni, head of the Libyan Investment Authority, said the sovereign wealth fund of the oil-rich North African country is looking to invest in Italy's Enel SpA(ENEL.MI).
Libya has recently become a familiar presence in Italian business, taking a minority stake in Eni. Libyan investors also own about 5% of Italy's second-largest bank UniCredit SpA (UCG.MI). The Libyan Central Bank, which has a 4.3% stake in the Milan-based lender, came to UniCredit's rescue this year after the bank's biggest shareholder pulled out of a capital increase.