Our missions

Through the one-stop policy, the authority has the following functions:

  • Studies and proposals of plans organizing investment and privatization, including the preparation of a comprehensive investment map for all areas of investment and available investment opportunities, permitted within the investment areas brought about, as per this Law.
  • Collection of investment applications, verifying that the aforesaid applications meet the objectives of this Law and the fulfilment of terms, conditions and rules ; a study of the economic feasibility of the investment project, confirming that all conditions are met with respect to national and foreign investments conducted subject to the provisions of this Law.
  • Adopting methods capable of attracting national and foreign capital and publicity campaigns of investment opportunities via the different media oulets.

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Why The Investment Law

The Law aims at achievement of the following goals :

  • Technically upgrade and qualify Libyan cadres and elevate their efficiency, in order to acquire advanced skills in addition to opening employment opportunities.
  • Endeavour to introduce know-how and technology and thereof inserted into the Libyan economy.
  • Contribution towards setting up, developing or rehabilitating economic, service and production units, in a manner that asists such units to compete and be introduced into the world markets.
  • Achievement of development in the relevant area
  • Increase and diversify income sources
  • Control energy consumption
  • Utilize locally available raw materials

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Have you ever visit Libya

What makes Libya an opportunity & challenge :

  • Special Location: Located in the middle of North Africa, bordering the Mediterranean Sea with a coast line of about 2000 km length. It has six neighbors: Egypt, Sudan, Chad, Niger, Algeria, and Tunisia. The country’s location has enabled it to witness many civilization and became an important caravan trade link between Africa and Europe.
  • Area: 1,775,500 sq km with a surface comprises coastal plains, plateaus and mountains. The Sahara desert extends deep into the south with its scattered oases and small towns .
  • Climate: A typical Mediterranean climate along the coast in the northern parts and desert climate in the south. Average temperature is between 15C during winter and 35C during summer time.
  • Foreign Trade: Libya depends primarily upon revenues from oil and natural gas in addition to petrochemical and other, industrial products. Machines, transportation, and foodstuffs are of the major imports.

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