The enthusiastic west is planning to strengthen economic relations with Libya on win win bases as Libya will be part of the global economic machine.

Besides plans for development, oil exploration, infrastructure and reform requirements, Libya will make recognized improvement in administration, legislation, and other process.

Banking sector will play an important role in national economy and loans will be granted for marine fishing, agriculture, tourism, housing, etc. and foreign investor should not hesitate to participate in the huge schemes under evaluation and which will be tendered. Also EPSA IV- round bid 3 will be in March 2006 and international oil companies will compete to win areas for oil exploration.

With ownership transfer of companies & economic units, international companies will be encouraged to contribute with national sector in improvement of technical & financial issues as well as quality & marketing and in development of services, efficiency, skill of national elements and reduce non employment.

Although Libya is a Muslim country other religious beliefs are freely practiced and there is no enthusiasm. As individuals, we don't accept Denmark 's method of defaming our beliefs and prophet and we blackmail products and every thing originating from Denmark as our values are precious.

Mohamed A.M.Sulaiman

02.02.2006
Libyaninvestment.com