The Report: Libya 2008, a book covering important financial developments and investment in Libya was launched by Oxford Business Group (OBG) at a conference in Tripoli.

The report was produced by acclaimed global publishing, research and consultancy firm OBG in partnership with the General People’s Committee of Economy, Trade and Investment (GPC).

The culmination of eight months of on-the-ground research by a team of seasoned analysts from OBG also includes a viewpoint from the Libyan leader, colonel Muammar Abu Minyar Al Qaddafi.

Featuring a wide range of interviews with the most prominent political, economic and business figures in the country, the report assesses trends and developments in all major sectors of the economy, including energy, industry, finance, banking, tourism, transport and real estate.

The Report: Libya 2008 highlights the country’s plans for refurbishing and upgrading its largest 220,000-barrels per day refinery at Ras Lanuf, while also giving an insight into the country’s plans to develop its first major international-class shopping mall in the capital.

In its analysis of tourism, the report highlights the expected increase in investment from the Gulf that additional high-class hotels in Tripoli should generate, following the signing of agreements in mid-2008 between Libya and the UAE and Qatar.

The Report: Libya 2008 also looks at the potential for the development of Libya’s strategically placed industrial sector after a memorandum of understanding was signed between MFZ and Jafza International to invest in and manage the zone’s development.

The launch conference, which took place at the Corinthia Bab Africa Hotel in Tripoli, was attended by members of both the local and international business community, together with top Libyan government officials. – TradeArabia News Service