The fall of the Gaddafi regime and the emergence of a new Libya have provoked intense interest in the country’s projects market as contractors, consultants and suppliers seek new markets in the region. With the petrodollars with which to fund its considerable infrastructure requirements, Libya is now seen as a prime projects market with excellent potential that can offset the increasingly competitive contracting environment in the GCC.
These project opportunities are highlighted in the Libyan Projects Market 2012, the latest report to be published by MEED Insight, the research and analysis arm of MEED. Comprising more than 120 pages, the comprehensive report covers all the key sectors in the North African state, identifying their key opportunities and challenges, the major clients and contractors, and their current state following the conflict.
“From housing and hospitals to roads and railways, there is considerable underdevelopment of existing infrastructure which will require substantial investment in the medium to long term. In the short run, the emphasis will be on completing existing schemes and ensuring the nation’s hydrocarbons and utilities infrastructure is operating at sufficient capacity,” says Ed James, Head of MEED Insight.“Prior to the war, Libya had a projects pipeline of more than $100bn, but progress was often painfully slow due to a bloated bureaucracy and a lack of decision-making,” says James. “With the prospect of a new, more open government, the hope is that Libya will be able to use its oil wealth to invest in its ageing and inadequate infrastructure.”
The private sector, both local and foreign, will have a key role to play in this projects evolution. The Libyan economy has until now been dominated by the public sector. Any new government will be keen to liberalise the economy and attract urgently needed foreign investment into the country. The risks may for the time being may be relatively high compared with the more traditional markets in the GCC, but the returns for companies engaging on projects in the country will also likely be higher as a result, adds James.
Through more than 120 pages, get up-to-date exclusive data, research and analysis into the Libyan projects market post-conflict.
“Contractors spoken to as part of this report, state that advanced parties are re-entering Libya to assess the situation and to gauge the right moment to return. If the situation on the ground rapidly resumes most of them will be in a position to return by mid-2012,” says James.
Along with providing a detailed analysis of a new Libya that provides the prospect of a major new projects market in North Africa, this report offers you a comprehensive overview of each sector and its project plans and additional capacity and investment requirements. You will benefit from detailed insight into:
To access exclusive data, research and analysis
- The emergence of project prospects in the new Libya highlighting business opportunities to accelerate your growth
- The key decision makers in this new market, allowing you to build relationships and strategic alliances
- Libya’s significant infrastructure requirements and its financial ability to pay for projects
- The damage done to infrastructure as a result of the conflict, and how you can get involved in the rebuilding
To access exclusive data, research and analysis along with many tables, graphs, charts and maps you can
order your copy here
About MEED Insight:
Thanks to its own projects tracker, MEED Projects, MEED Insight has access to unparalleled, up-to-date information on the region’s projects market. We can provide companies with:
- Details of all major projects within a given market or sector, including their scope
- Contacts for clients, contractors and suppliers
- Information on key clients and their tendering processes
- Information on how to register with clients and prequalify for projects
- Forecasting of future projects
MEED Insight has access to a wealth of regional data ranging from broad macroeconomic statistics to sector-specific information. We can obtain and analyse data on a specific market or industry to help companies gain an insight on market size and potential
MEED Insight also offers a series of off-the-shelf reports on a range of different sectors and industries. The information compiled for these reports comes from a variety of sources, including MEED magazine, MEED.com, MEED Events and MEED Projects, as well as primary and secondary research.
Our current off-the-shelf reports include:
- Mena Renewable Energy Report 2012
- Middle East Projects Forecast and Review Report 2011
- Qatar Projects Report 2011-22
- Mena Rail Report 2011
- The Iraq Power Report 2011
- GCC ICT Projects Outlook & Review
- GCC Projects Forecast & Review 2010
- Power & Water in the GCC 2010
- Libya Power & Desalination
- Middle East Steel 2009
- Wastewater in the GCC
- Middle East Cement 2009
- Mena Mining 2009
- Mena Aluminium 2009
- GCC District Cooling
- GCC Economic Outlook
To find out how MEED Insight can help you gain critical business insight, please submit your details on our contact form:
- Telephone: +971 (0) 4 367 1302