Libya Investment Interviews

Khaled Al Bakory, CEO of Privatization and Investment Board (PIB)
Most of companies from all over the world are concentrating on investments in the oil sector of Libya. However, the country has, according to Al Bakory, other attractive investment opportunities, particularly in the health and transportation sector. The aim of Privatization & Investment Board of Libya has been to attract variety of investment projects, including tourism and transportation.

Jamal A El-Ghirani, Investment General Manager of Misurata Free Zone
Misurata seems to be the most stable place and the most secure city at the moment. Misurata Free Zone as a company employs approximately 1,223 people. There are many investors on the ground in the free zone. The bottom line is that the free zone is trying to and has created a lot of job opportunities for Libyan youth; within 20 years there should be up to 80,000 job opportunities. The Misurata Free Zone receives business delegations all the time; ambassadors from foreign governments visit the zone on a frequent basis.

Dr. Elhusain Benahmida, Chairman and General Manager of Misurata Free Zone
Misurata Free Zone is a company with a capital of 600 million Libyan Dinars. The economical area is divided into two sections stretching over an area of 3,500 hectares.

Eng. G.I. Guider, Chairman of the Privatization and Investment Board
The FDI from 2002 until 2010 was near to US$ 6 billion. Investment law no 9 (issued in 2010) is a good law, we have amended certain parts of the law to improve it.