- Benghazi is emerging as a significant hub of the Libyan economy in general & in the exhibition industry in particular. The city is growing potential by improving infrastructure making it an attractive business destination for international exhibitions, thanks to the government’s proactive stance & the increasing interest from international participants with ambitious governmental plans to achieve substantial growth by 2028.
- Currently, there are very-low tax rates (5%) and zero customs, which creates good room for investment. tax policies are still improving to attract more & more fdi.
- Libya’s untapped potential in post-conflict reconstruction makes it an attractive destination for investment.
- There is a high demand for expertise, technology, and materials for rebuilding critical infrastructure, and incentives for businesses in reconstruction and essential services are appealing.
- Significant gaps in healthcare facilities and medical equipment create demand for investment. The Libyan government has launched the National Strategy for Primary Healthcare 2023-2028 to enhance the industry.
- Opportunities in e-commerce, fintech, & ICT solutions driven by consumer demand & government initiatives to support governance & private sector efficiency. Libya is investing in the technology sector to improve connectivity & digital solutions.
- Environmental concerns are gaining traction too, creating opportunities in renewable energy, waste management, & sustainable construction.