We were stablished to take advantage of the emerging investment opportunities that developed in Libya following the revolution and that are still developing.
We facilitate the growth and development of commercial enterprise in Libya by forming strategic partnerships with international and domestic companies in targeted industry sectors, including oil & gas, infrastructure and financial services.
The focus of activities for Libya Holdings has been in providing its commercial partners with the local knowledge, network of contacts, operational support and seed capital for co-investments that will be required to create and grow successful enterprises in Libya.
Libya depends on the oil sector for 95% of export earnings, 25% of its GDP and 80% of government revenues but only 25% of its territory has been explored to date.
Its oil sector is underdeveloped as output has been in decline for most of the last 40 years and advanced production technologies have not been employed.
The petrochemicals sector is not as well developed as the country’s oil and gas markets.