The attractiveness of Libya's infrastructure market to those international firms which had begun to return following the fall of Muammar Gaddafi was reversed over the course of 2014, with the industry contracting by 25% in 2015. We forecast that in 2018 the market will contract by a further 11.1%. Doing business in Libya will be extremely risky, given the presence of two rival governments and the increasing threat of violence from a large number of terrorist groups. As of end 2017, Libya's rivalling factions are no closer to a peace deal, and risks of clashes between eastern and western militias are elevated. We do not expect any major improvements to doing business in the country over 2017 or 2018. Contracts are often interrupted owing to the lack of a central administration and construction is frequently suspended owing to outbreaks of violence.

Key View

SWOT

Industry Forecast

Industry Risk/Reward Index

Competitive Landscape

Company Profile

Infrastructure Methodology