Libya is banking on up to $1 trillion (Dh3.67 trillion) in foreign direct investment to rebuild its war-torn economy.
Ahmad Salem Al Koshly, Libya's Minister of Economy, told a conference here yesterday that the country was expecting a huge cash injection, and said FDI from the UAE alone prior to the war clocked in at $13 billion.
While Libya currently faced many challenges, he said foreign companies had already moved back to the country to resume outstanding projects.
No comments:
Post a Comment