List of all articles filed under “libya-interviews” category.
Suleiman Ali Al-Taif Al-Fitur, Minister of Industry of Libya
Regarding our plan for industry, the Ministry of Industry has a vision that is to focus on the industrial opportunities in mining in order to raise the country’s GDP; by 2030 we want to increase our contribution to Libyan GDP to 30%.
Ahmed I. Rajab, General Manager of Jumhouria Bank, the largest bank in Libya
Jumhouria Bank is the largest bank in Libya and was the result of a merger between Al Ummah Bank and Jumhouria Bank. Now we have a total capital of about 1 billion Libyan dinar and total assets for 2012 of 33 billion Libyan dinar on the balance sheet and 12 billion dinar off the balance sheet for a total of about 44 billion Libyan dinar.
Abdulnaser Ben Nafaa, Chairman of Libyan Businessmen Council
We should start by talking about the Libyan Businessmen Council which consists of 470 members from all sectors and specialized fields, including health care, education, construction, oil services, aviation and naval sector. This council was established back in 2004, yet it was only activated recently in 2013.
Dr. Ahmed M. Karoud, General Manager of Libyan Stock Market
Only 5% of our economy was in the private sector before. The government is going to set a new law for private companies in Libya, this is expected in May 2013.
Eng. El-Hadi S. Hensher, Minister of Water Resources of Libya
In regards to investments, we set out budget according to the plans and strategies of these institutions that are under our authorities. In this year, a budget of 268 million Libyan dinars was set and divided to the related sectors, 20 million Libyan dinars for ministry’s council, 19 million Libyan dinars for the public body for waste, 37 million Libyan dinars for the public company for water and sewerage and 156 million Libyan dinars for the management responsible for executing and managing the manmade river project.
Eng. Usama Siala, Minister of Communications and Informatics of Libya
In 2013 we are going to be signing at least 2 major contracts for the modernisation of the two mobile operators. These are the two biggest projects and we also have quite a few other smaller projects. For Libyana, we estimate around 230 to 250 million Libyan dinars of investment and it will be around the same for Almadar.
Habib Mohammed Al-Amin, Minister of Culture and Civil Society of Libya
Libya is recognized for many famous writers and poets, some of them known internationally.
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.
Khalil Masoud Mahfud, Chairman of the Board of Directors of Tripoli Chamber of Commerce, Industry and Agriculture
From 2008 and 2010 Libya signed about 68 agreements with other countries avoiding double taxation and promoting economic exchange.
Abdulla A. Abouda, General Manager of Almadar Aljadid
Almadar is the second mobile operator in Libya and it provides voice services and certain internet services using GPRS and EDGE technology. The operator is preparing for a launch of 3.7G (4G ready) and further network modernisation. The penetration rates are high but the mobile sector is not saturated yet and there is large potential for data. Almadar has already recovered most of the 100 sites affected by the Libyan revolution, yet the past regime remains a challenge – in the form of corporate culture.
