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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DOCUMENTS

Start-up Booster Track

This brochure presents the Start-up Booster Track developed by THE NEXT SOCIETY for entrepreneurs in the MENA region with the aim of supporting them to bridge with key markets: Europe / Africa / Gulf Countries / USA.

This publication has been produced with the financial support of the EU.

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Cluster Booster Track

This brochure presents the Cluster Booster Track developed by THE NEXT SOCIETY for cluster managers, science parks or business networks with the aim of bridging MENA & European clusters to build a strong business community.

This publication has been produced with the financial support of the EU.

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