Assess the Foreign Investment Climate in Libya

Mustafa Khalifa Thawadi El. Hamoudi

Abstract: In the late nineties and the beginning of the third millennium, Libya has started numerous attempts to reform the economics and political system, and began to give up control of the State on the economy, as well try pushing the local private sector and foreign to participate in economic activity, the Libyan authorities has adopted numerous actions to benefit from reform policies, in order in try to encourage private sector to gain lion share in the Libyan economy by privatising large number of public institutions, in addition, Libya updated legislation a number of laws to encourage and attracting investors to invest in Libya, despite these attempts, Libya did not achieve the desired goals due to various reasons. This paper is an attempt to assess the foreign investment climate in libya, through survey of authorities actions to achieve reform’s targets, and spotlight to what extend, Libya has benefited from reforms in side of attracting FDI. Keywords: Libya, FDI, Reform. Title: Assess the Foreign Investment Climate in Libya Author: Mustafa Khalifa Thawadi El. Hamoudi International Journal of Management and Commerce Innovations ISSN 2348-7585 (Online) Research Publish Journals

Vol. 4, Issue 2, October 2016 – March 2017

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Assess the Foreign Investment Climate in Libya by Mustafa Khalifa Thawadi El. Hamoudi