Responsible Investment in the New Libya

Published February 28, 2012
By J. J. Messner
Publication SGCAR1206
Report available in PDF and Flash formats
 
 
Libya is currently undergoing a period of reconstruction after having endured a months-long civil war that brought to an end over four decades of dictatorial rule by Colonel Muammar al-Qadhafi. As the country stabilizes and rebuilds, there will be significant interest in new and renewed investment in the country. It will be necessary for businesses to understand the challenges facing Libya in the short- and medium-term and to invest and operate responsibly in the country.

Only the rapid and urgent creation of economic opportunity carries the power to prevent the worsening of a multitude of potential conflict drivers. Increased investment will be a key catalyst for these economic opportunities and such investment will require a more secure and stable operating environment. This security and stability will be reliant on professional and adequately trained state security forces. The international community is uniquely positioned to take advantage of this window of opportunity to engage the Libyan government, and in turn provide technical assistance to pursue the objective of security sector reform and capacity building in the “New Libya.”
 

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