As the Libyans lay out the future plans for their economy and the rebuilding of their country, this is an ideal time for companies to visit the country and start to establish their visibility. We anticipate that there will be opportunities for more immediate business agreements during the visit, and the important commencement of long-term relationships.
The newly-elected General National Congress (GNC) has powers to announce strategic plans for Libya's economic future and to release budgets for public sector spending to modernise the infrastructure sector. This in turn will stimulate private sector growth on an unprecedented scale. Priorities exist across all sectors including: construction, public work, municipal engineering, transport, communications, power, electricity, water, environment and security and risk analysis.
Libya holds the largest proven oil reserves on the African continent, and production has made a substantial recovery since the fall of the Gaddafi regime. By the middle of 2012 production reached 1.4 million bpd. Libya has proven natural gas reserves of 52.8 tcf. The new government will be seeking to increase oil production to pre-revolution levels and to improve the downstream sector.
The MEA and British Expertise are actively seeking sponsorship. For those interested in sponsorship opportunities, please contact Melusine de Chazal ([email protected]) at the MEA, or Alex Lambeth ([email protected]) at British Expertise.
The travel and exhibition package will be distributed by CT Group Travel upon registrations of interest. Please contact Lyndsay Snowden at CT Group Travel at [email protected]
To register your interest in the mission and to receive a prospectus from our Mission Managers, please click here.