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Home Industry & Trade

Can Libya's New President Rise to the Challenges?

21st August 2012
in Industry & Trade, Oil & Gas, Security
Can Libya's New President Rise to the Challenges?
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The new President of Libya's national assembly, Mohammed Magarief [Magariaf], faces many challenges as the country continues to adapt to the post-revolution reality, and top of the list must be improving security and establishing the rule of law throughout the whole country.

Events in recent days have brought this into focus, with two car bombs in Tripoli killing two people on Sunday, leading to the arrest of 32 supporters of former Libyan dictator Muammar Ghaddafi, and the defusing of another bomb in the city's Mansoura district on Monday. Also on Monday, a car belonging to an Egyptian diplomat was blown up in Benghazi.

Despite these unwelcome developments, the challenge of re-developing the country is being met with increasing interest, both locally and internationally. Several conferences on the subject are about to take place in the coming months, including the Post-Revolution Infrastructure and Investment Summit in Tripoli, in which Libya Business News is involved.

We've also seen several tenders and pre-qualifications recently, which should bode well for future activity in the energy sector.

If Libya's new rulers can rise to the various challenges, we look forward to bringing you more news of increasing opportunity and prosperity in the country.

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