Libya

Panorama général

The FDI inflows registered by UNCTAD, zero in 2011 but higher than €1 billion in 2012, settles down again in 2013 reducing by half, a sign of the lack of improvement in the political and security situation in Libya in 2013. The new draft law on companies and that of the free-trade area with Turkey have been unable to be enacted in this turbulent environment.

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Investors nevertheless continue to bet on positive changes in this country offering immense economic potential: the investment intentions detected by the ANIMA-MIPO observatory in 2013 increased in amount, even if the numbers of FDI projects and partnerships stalled, with only 5 investment announcements - as few as in 2011. 
The sectors that are fuelling investors' greed, in spite of these difficult conditions, are always hydrocarbon production (with announcements from the Russian Tatneft and the French Total), construction and infrastructure (opening of a subsidiary of the Egyptian real estate group Housing and Development Bank and the construction of a steel mill by Dana Gas from the United Arab Emirates) but also health services, such as the British IHG, which has signed an agreement with the Ministry of Health for the design, construction and management of nine hospitals across the country. Partnerships concluded in 2013 mostly concern the opening up of air links and, to a lesser extent, the opening of brand franchises (textiles, furnishings) and a shopping centre. 
 
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ANIMA Newsletter - September 2018

Edito:  Is the international development and cooperation finally promoting more virtuous development models, socially and environmentally? [...]

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Economic intelligence news , business opportunities, the agenda and some news in pictures

Read the ANIMA Investment Network newsletter of September 2018

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ANIMA Newsletter - June 2018

Edito:  ANIMA is pleased to announce the signature of a cooperation agreement with the RIAFPI, the network of French-speaking investment promotion agencies. [...]

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Economic intelligence news , business opportunities, the agenda and some news in pictures

Read the ANIMA Investment Network newsletter of June 2018

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