Libya has the ninth largest proven oil reserves in the world and is now engaged in a huge modernisation programme. More than USD100 billion is being invested in roads, utilities, hospitals, schools, ports, universities, airports, hotels and resorts. In addition, Libya is attempting to add 60% to its oil output, increase its natural gas production as well as develop its domestic gas and power market. Its consumer market continues to grow in value and sophistication and new malls and hotels are opening up. And in more recent times, concrete moves have been made to modernize the finance sector.
Despite reforms in recent years, the Libyan investment environment is still challenging. International firms face evolving regulations, a complicated bureaucracy unused to dealing with foreign investors and a different cultural approach to trade and commerce.
With offices in Vienna, Tunis, Hong Kong, Valletta and Tripoli, Greenbridge spans the divide between the expectations of foreign investors and the demands of doing business in Libya.Greenbridge provides support and guidance to investors from around the world entering or doing business with the Libyan market. We do the research to position you for entry, guide you towards profitable opportunities and help set up ?or provide you with ?a back office. We free you to concentrate on your business and succeed in Libya.
