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Libya: Not out of the Woods Yet

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The North Africa Journal | Libya is not out of the woods yet. And for those who think solutions to its multi-faceted crises are near, they should reconsider their views very carefully. It is certain that for a few multinational companies, the time is right to re-engage. With a country that has so much oil and gas, the time is always right to engage.

The country has a multi-billion dollar budget, and although a substantial chunk of it is dedicated to buy peace, that is to pay for wages and compensations of all sorts, a good size of it is dedicated to reconstruction. So if you are a construction firm, an oil and gas company, or involved in general infrastructure and security, Libya could be a good deal for you. This is as long as you are neither Russian nor Chinese, two nations that are facing a less collaborating Libyans. Continue here and post your opinions and views too.

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