Libya

imported 2024-03-17 17:43:07

Exclusive interview with the leading hotel in Libya: Al Waddan Hotel Tripoli

Anas M. Tarsin, General Manager of Al Waddan Hotel Tripoli
Guests at Al Waddan Hotel in Tripoli love the serenity of the hotel. Sitting in the open space of the coffee shop is reminiscent of the old houses of Tripoli. The hotel is a little more exclusive and private, yet still located in the bustling district of Dahra, less than 0.5km from Algeria Square or Martyr Square. Al Waddan is a luxury boutique hotel which pays attention to detail and to the customer, attending to their business and leisure needs.

LTT Libya: Increasing coverage and improving internet services in Libya

Husam Abulhul, CEO of LTT (Libya Telecom & Technology)
LTT has set up internet services in areas of the country that didn’t use to have them before; the company is increasing bandwidth and providing improved services. LTT is also trying to balance all their services between all the cities as previously everything was based in Tripoli. The company aims to move forward and satisfy the customers’ demands and increase the internet penetration in Libya.

LAFICO: Transparency and independence of Libyan foreign investments

Khaled Amr Algonsel, Managing Director of LAFICO (Libyan Foreign Investment Company)
LAFICO channels their investment into many countries around the world and it is diversified in many sectors, such as holding companies, real estate companies, agriculture, mining, and even services. LAFICO has invested in over 30 countries around the world; around 9% is located in North Africa, 9% in England, and the rest dispersed around the world. LAFICO is bound to cooperate with international firms who will help the them to restructure their portfolio and to exit some unsuccessful investments. LAFICO has been a profitable company ever since it was established and the aim is to continue this trend.

Libyan Ministry of Transportation: New deals for ports, airports, railways and road projects

Abdel-Qader Mohamed Ahmed Al-Ayib, Minister of Transportation of Libya
The infrastructure in Libya has been damaged in all areas during the revolution or during the pre-revolution period and all the projects have been detained, so the Ministry of Transport of Libya has to take on a huge reconstruction of the infrastructure in Libya. ADPI (Aeroports de Paris) have started their project for the Tripoli International Airport and a Canadian Lavalin is going to build the new Benina International Airport in Benghazi.

GDCOL plans to increase Libya’s desalination capacity by building more desalination plants

Abdulmonem Ali Elhassadi, Chairman of General Desalination Company of Libya (GDCOL)
GDCOL currently provides less than 20% of the water supply in Libya as the main resource in the country is the Man-Made River. Mr Elhassadi hopes that Libya will concentrate on desalination rather than ground water in the future to come. The strategy of GDCOL is to have a desalination river; if there is a desalination plant at almost every 50km or every 100km, then they can connect them all and thus create a desalination river, a dream of Mr Elhassadi.

Steel industry in Libya: Local market to drive steel demand despite global surplus

Dr. Mohamed Abdulmalik Elfigih, Chairman of LISCO (Libyan Iron & Steel Company)
When we look at the local market in Libya; we must consider that this is a transitional period, if we compare 2013 with 2012, the local market has improved a great deal, with increased demands every month. We also must consider that Libya in general will have increased demand. I consider Libya a virgin country in terms of infrastructure, and so we need a lot of projects.

Misurata Free Zone: One of the Top Locations for Foreign Investors in Libya

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.

Jotun Libya: Projects and outlook for construction and real-estate sector

Abdel Menem Abdel Aziz, Chairman of JOTUN (Libya)
JOTUN paints are famous throughout Libya and other parts of the world for their very high quality. “The service JOTUN provides makes us absolutely exceptional in our relationship with project owners. We see ourselves as their partners when it comes to paints or protection against corrosion. We are with them throughout the project; from the beginning until the end,” explains Mr. Aziz. The company is currently building a factory near the town of Zuwara, some 90km west of Tripoli. It is a factory that would deploy the latest technology JOTUN has deployed anywhere else.

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