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Libya

Libya is in the middle of an unprecedented period of construction, development and foreign investment.  With the 40^th anniversary of Libya’s leader Muammar Qaddafi this year, the government has encouraged the development of flagship infrastructure and real estate projects.  MEED’s special report provides a detailed insight into the governance of Libya in 2009, how it has changed since sanctions were lifted five years ago, and what changes the 40^th anniversary changes are expected to herald. It also provides a comprehensive picture of the progress on all the major projects planned or underway in the country.

Real estate and construction companies are investing heavily in Libya. MEED’s special report includes an article on which real estate and construction companies have a major presence in the country, and what projects they are working on, with a particular focus on commercial real estate and hotel/tourism projects. The article also includes analysis of which companies have shifted their business focus to Libya as a result of the downturn in the Gulf construction industry.

Libya is home to a number of flagship projects, such as Energy City, Tripoli airport, the expansion of Al Fateh University and the ongoing construction of the Great Manmade River. The report includes a focus on the largest projects currently planned for Libya, analysing the companies involved and the blueprints that have been drawn up.

International oil companies have shown considerable interest in exploration activity in Libya. MEED’s report provides details on the recent oil and gas discoveries to have been made, and whether the finds have lived up to the expectations IOCs had for Libya’s energy sector. The energy report also looks at the detail of the production sharing agreements for oil and gas concessions, in the light of recent changes made by Tripoli.