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

Sustainable tourism in the Mediterranean: State of play and strategic orientations

This report was prepared in 2016-2017 by the Blue Plan Regional Activity Centre (BP/RAC), following the recommandations of Mediterranean Action Plan (UNEP MAP).

Document only available in French.

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Doing Business in the Euromed: Focus on green technology sector

This presentation was produced in the framework of a cycle of EUROMED Invest Business Roadshows which took place in Warsaw, Riga and Helsinki between March and May 2017. These events welcomed local entrepreneurs eager to learn more about the untapped business and investment opportunities in the renewables & green technologies sectors in the Mediter-ranean region. As in Northern EU countries the Mediterranean region is still unknown, the main objective of the roadshows was to demystify some of the stereotypes while increasing exchanges between the two regions. 

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