DOCSLIB.ORG

CONSTRUCTION Interviews with Ministers Economy - Electricity - Social Affairs

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
CONSTRUCTION Interviews with Ministers Economy - Electricity - Social Affairs www.libyaherald.com ISSUE 2 APRIL 2013 BUSINESS EYE Focus on CONSTRUCTION Interviews with Ministers Economy - Electricity - Social Affairs Finance & Energy FDI Libya - Focus IT & e-Libya PRICE: 5 LYD PRICE: EDITORIAL ISSUE 2 APRIL 2013 BUSINESS EYE www.libyaherald.com From the Editor CONTENTS 02 Focus: Construction It was noticeable that as soon as the second anniversary of the 17 03 Turkish construction in Libya February Revolution was passed and fears about security proved to be widely off the mark, foreign companies and organisations 06 Paints again started making a bee-line for Libya. 08 Cement and concrete 09 South Korean construction in Libya Security is an issue, but concerns about it have been massively 10 Sustainable design exaggerated, especially in the international media, and especially in relation to Benghazi and the east of Libya. As elsewhere in the Exhibition and Conferences 11 world, there is crime but it has to be put into perspective. 13 Water 14 Power Now that the February scare is seen to have been based on misin- formation, international companies should now feel assured that 14 Interview: Minister of Electricity Libya is a safe place to come and do business. There is a great 16 Transport deal to do, now that the LD 66-billion budget has been approved 19 Interview: Social Affairs Minister by the General National Congress. 20 Economy What Libya is looking first and foremost for at this point in time 20 Interview: Minister of Economy is for work on existing contracts to be restarted. Already that is 22 Oil and Gas happening. The other need that Libya is going to pursue vora- 26 Finance ciously is know-how, not just technical skills but administrative ones in scores of disciplines. 30 IT-Telecoms 34 Fairs However, while it is government spending that it going to drive 36 Special focus: FDI Libya development in the medium term, it is the private sector that in the longer term is going to drive economic growth and prosper- ity. The Libyan revolution was about giving Libyans the freedom EDITOR: to be in charge of their own lives as well as of the country. That Michel Cousins includes being free to run their own businesses if that is what [email protected] they want. +218 (0)91 770 3242 The country is moving irrevocably from a centralised economy MANAGING EDITOR: to a free market — albeit one where,because of the oil income, Sami Zaptia the state remains in the driving seat as far as major development [email protected] projects are concerned. The government and Congress are com- +218 (0)91 212 1272 mitted to it. BUSINESS EDITOR: It is the private sector that international companies need to Nigel Ash particularly focus on. Last year’s growth figures, estimated by the [email protected] IMF at over 100 percent, were largely a case of restarting eco- nomic activities curtailed during the revolution. More interesting CHIEF REPORTER: is its prediction that non-hydrocarbon growth will average 15 per Ashraf Abdul Wahab cent a year for the next five years. Much of that will be private [email protected] sector growth. SOCIAL MEDIA: Nihal Zaroug [email protected] SALES AND MARKETING: Yolanda Zaptia [email protected] CREATIVE DIRECTOR: Imad Ali Khan [email protected] Michel Cousins Editor-in-Chief Hay Demashque, Al-Hadba Al-Khadra, © The Libya Herald PO Box 83510, Tripoli, Libya The views expressed are not necessarily those of the Libya Herald. Fax: + 218 (0) 21 491 0464 April 2013 Business Eye 1 FOCUS CONSTRUCTION FOCUS CONSTRUCTION GOVERNMENT READY TO SPEND the fact that it could generate a massive Government number of jobs. Last month, the General Na- tional Congress approved the Turkish contractors remain bullish 2013 LD 66-billion budget, However, rebuilding Libya is going to cost spending drives opening the door both to reac- not tens but hundreds of billions. In Novem- tivating previous contracts and ber 2011, just before he resigned as interim More than a hundred Turkish companies are doing business in Libya. Most of them are allowing new ones. The prior- prime minister, Mahmoud Jibril estimated ity is on completing the tens that rebuilding Libya was going to cost $400 members of the TCA. The total worth of their projects in Libya is $19.1 billion. construction By Nigel Ash of thousands of housing units billion (LD 500 billion). No one disputes that across the country that stand figure — and it did not take into account long – but what about unfinished, in various stages of overdue new projects needed. ibya was one of the first overseas construction. LD 3.5 billion has markets that Turkish contractors been allocated to housing pro- NEED TO CHANGE LAWS entered in the 1970s, as they went the private sector? jects, the biggest single alloca- But, as Libyan businessmen have increas- abroad to grow their businesses. Thus, though Turkish firms have now more tion in the development budget. ingly been pointing out this year, the major L By Michel Cousins than 7,000 projects in 100 countries, Haluk- challenge in getting the cranes moving again Buyukbas, secretary-general of the Turkish Oil and gas projects come next, and the economy to grow is not about money hat Libya has a mountain of pro- Contractors Association (TCA) says Libya with LD 1.99 billion, followed by electricity and government spending. It is about the jects needing to be undertaken is has a special meaning and significance for projects at LD 1.88 bil- law. Government obvious to Libyans and foreign his members. visitors alike. The country’s infra- lion. Hospital and heath spending is the mo- projects are allocated structure is appalling even by Third World tor that drives the T LD 1.01 billion as are “Deep-rooted relations based on common standards. It is not just what was damaged economy at present, communications and There is today a strong history, social and cultural affinities, eco- or destroyed during the revolution. So much but the new Libya information projects. pushbythe government to nomic cooperation and friendship,” says was left to rot during the Qaddafi decades or “get the cranes is committed to the Buyukbas, “have existed between Turkey was poor quality in the first place or never private sector. The Education projects, in- moving again”. and Libya throughout history. The govern- built. challenge is remove cluding new schools, ments and businessmen of both countries the mass of Qaddafi- universities and tech- have spared no effort to improve both politi- Even the former regime finally realised the regime regulations nology institutes, get cal and economic relations.” Tripoli skyline extent to which Libya had been left behind. LD 947 million while that were designed looted or destroyed. In addition to all this, CONSTRUCTIVE DIALOGUE But the rush to develop and catch up was also defence projects (as opposed to defence to block a free market. GOOD RELATIONS they have failed to receive the payments for “As from February 2011, Turkish contrac- a rush by Qaddafi family and friends to line equipment and training) are given LD 800 These good relations have reportedly paid the projects they had completed prior to the tors have paid huge amounts for insurance, their own pockets. million. Water and water desalination pro- The biggest issue is land registration. Until it off in intensive trade negotiations between civil unrest.” commissions for the bank guarantee letters, jects get LD 263 million. Interestingly, the is sorted out, the mega projects will remain Tripoli and Ankara. During a visit to Turkey construction site security costs and similar Most of the projects – the housing, the rail- development budget for transport projects stalled while former owners claim title. Simi- last month by Prime Minister Ali Zeidan, he Buyukbas points out that immediately after claims. In this process, they have constantly ways, roads, airports, power and water pro- is set at LD 365 million (including LD 85 larly, individuals will not be able to use prop- offered to pay any contractors returning to the fighting ended, Turkish contractors vis- jects, hospitals colleges and universities and million on the railway project) but transport erty as collateral to raise funds for projects. their stalled Libyan projects 50 percent of ited their construction sites and expressed attempted to remain in a constructive dia- so much more — however, make sense and officials say they intend to spend more this their outstanding contracts immediately their willingness to resume the projects. logue with the Libyan authorities and have there is today a strong push by the govern- year – LD 500 million. The government and Congress appear to un- and the rest thereafter. “They have also realised the maintenance and done their best to create the necessary work- ment to “get the cranes moving again”. derstand the urgency. In the 2013 budget, LD construction of some public buildings such ing conditions to resume their business in The lowest allocation – just LD 1 million – is 334 million has been set aside for legal pro- At a private dinner party in Ankara with as police stations, schools, health centres, the country. Although significant progress Minister after minister says that Libya needs for tourist infrastructure projects, which jects, specifically land registration. It is po- Turkish Prime Minister Erdogan and the and airport terminals as a donation with re- has been made, so far there is still much to be to get foreign companies to come back and says a great deal about how both the govern- tentially one of the most crucial investments Economy Minister Zafer Caglayan, Zei- spect to the good relations with the National done as far as security and political stability complete projects stalled by the revolution.
Load more

Recommended publications
  • Annex B (Confidential)
    ICC-01/11-01/11-640-AnxB 08-06-2018 1/356 RH PT ICC-01/11-01/11-640-Conf-AnxB 06-06-2018 1/356 NM PT Pursuant to Pre-Trial Chamber I's instruction, dated 08/06/2018, this document is reclassified as "Public" ANNEX B (CONFIDENTIAL) ICC-01/11-01/11-640-AnxB 08-06-2018 2/356 RH PT ICC-01/11-01/11-640-Conf-AnxB 06-06-2018 2/356 NM PT Pursuant to Pre-Trial Chamber I's instruction, dated 08/06/2018, this document is reclassified as "Public" ICC Restricted Draft Translation of Evidence Original Document ERN Range LBY-OTP-0051-0004 Source Language Arabic Number of Pages 354 Translation ERN Range Translated LBY-OTP-0051-0004 Target Language(s) English Number of Pages 355 ICC Restricted LBY-OTP-0062-0280 ICC-01/11-01/11-640-AnxB 08-06-2018 3/356 RH PT ICC-01/11-01/11-640-Conf-AnxB 06-06-2018 3/356 NM PT Pursuant to Pre-Trial Chamber I's instruction, dated 08/06/2018, this document is reclassified as "Public" ICC Restricted NH/3 1 Libya Ministry of Justice In the Name of God, the Merciful, the Compassionate Tripoli Court of Civil Appeals The Fourteenth Criminal Circuit [stamp] Libya Ministry of Justice Tripoli Court of Appeals Deposited at the Registry of the Tripoli Court of Appeals Date: 28/7/2015 Corresponding to: / / (3) Secretary: [signature] At the public session held on 12 Shawwal 1436 AH corresponding to 28/7/2015 AD. At the headquarters of the Tripoli Court of Appeal, presided by Counsellor Naji Muhammad al-Amin With the membership of Counsellors Mr.
    [Show full text]
  • Capital Cities Around the World This Page Intentionally Left Blank Capital Cities Around the World
    Capital Cities around the World This page intentionally left blank Capital Cities around the World An Encyclopedia of Geography, History, and Culture ROMAN ADRIAN CYBRIWSKY Copyright 2013 by ABC-CLIO, LLC All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, except for the inclusion of brief quotations in a review, without prior permission in writing from the publisher. Library of Congress Cataloging-in-Publication Data Cybriwsky, Roman Adrian. Capital cities around the world : an encyclopedia of geography, history, and culture / Roman Adrian Cybriwsky. p. cm. Includes bibliographical references and index. ISBN 978-1-61069-247-2 (hardcopy : alk. paper) — ISBN 978-1-61069-248-9 (ebook) 1. Cities and towns. 2. Capitals. I. Title. G140.C93 2013 909'.09732—dc23 2012046346 ISBN: 978-1-61069-247-2 EISBN: 978-1-61069-248-9 17 16 15 14 13 1 2 3 4 5 This book is also available on the World Wide Web as an eBook. Visit www.abc-clio.com for details. ABC-CLIO, LLC 130 Cremona Drive, P.O. Box 1911 Santa Barbara, California 93116-1911 This book is printed on acid-free paper Manufactured in the United States of America Contents List of Capital Cities vii List of Capital Cities by Country xiii Preface xix Introduction xxiii Capital Cities A-Z 1 Appendix: Selected Historic Capital Cities around the World 349 Selected Bibliography 357 Index 361 This page intentionally left blank List of Capital Cities Abu
    [Show full text]
  • Healthcare Belgium Has Liaised Closely with Pspeaking to One of the Hospital’S Employees Hber of War-Wounded
    ISSUE 4 AUG / SEP 2013 BUSINESS EYE www.libyaherald.com PRICE: 5 LD Focus on HEALTHCARE Interview with Ministers Health - Transport Trade & Investment Energy & Aviation EDITORIAL ISSUE 4 AUGUST / SEPTEMBER 2013 BUSINESS EYE www.libyaherald.com TECHNOLOGY & SAFETY SOLUTIONS From the Editor CONTENTS Healthcare is a budgetary headache for almost every country in the 02 Focus: Healthcare world. But for Libya it is far worse. While places such as the UK or 02 Interview: Health Minister France or Canada have to contend with constantly growing health- care costs, an ageing population and massive demand for services, Libyan Swiss Medical Centre 09 there is an effective, working system in place. In Libya for 42 years, 10 St James Hospital Libya the health service which had started to blossom during the last years 11 Belgium healthcare of the monarchy was destroyed by the deadly combination of cor- ruption, neglect, mindless bureaucracy, de-skilling and an ideological 12 Dutch healthcare determination to ensure that nobody was allowed any responsibility 13 Medical tourism — just in case they used it. 14 Libya-Canada health cooperation 16 Energy Libya is having to build a healthcare system from scratch. Security is, of course, the immediate challenge for the government and Congress, 18 Electricity but a service that delivers quality healthcare locally (not just in Tripoli 20 Economy and Finance or Benghazi) is one of the primary demands of the Libyan people. The 20 Interview: Libyan Foreign Bank authorities know they have to deliver. But building a system from the ground up is going to cost billions of dinars.
    [Show full text]
  • Ports & Shipping
    www.libyaherald.com ISSUE 3 JUNE / JULY 2013 BUSINESS EYE PRICE: 5 LD Focus on PORTS & SHIPPING Interview with IMF Banking - Finance - Economy Construction Tripoli Port Renewables EDITORIAL ISSUE 3 JUNE / JULY 2013 BUSINESS EYE www.libyaherald.com CONTENTS 02 Focus: Ports & Shipping From the Editor 04 Interview: President of Ports 06 Tripoli Port 08 Sirte Port 10 Khoms Port Libya imports the majority of its needs and most of these goods Safety at sea 12 come by sea. Its ports are already busy, struggling even, to 14 Aviation handle the flow of consumer items. When the government finally 16 Finance & Economy starts spending the budget to rebuild infrastructure, and foreign contractors restart work on stalled construction projects, the 16 Interview with IMF pressure on the ports asked to handle a flood of building materi- 18 Interview: Gumhouria Bank als, is going to become intense, some fear unsustainable. 20 Interview: United Bank 22 Energy There are two roots to the problem. The first is the decayed state of the ports themselves. Thanks to years of neglect, wharves are 26 Renewables crumbling into the sea. There are simply not enough cranes to 28 Construction handle a substantial increase in container movements. 32 Telecoms The second is the restrictive practices of the dock workers, who Interview: 2nd Deputy Minister CIM 32 operate a single daily shift, as do the truckers who take goods 34 Retail from the docks. The distribution of management functions 36 Exhibitions across different organisations within each port compounds the challenge. With no overall control, no one has the ultimate power to drive through change.
    [Show full text]