Page 119 - Lybia Flipbook

In this regard, the re-occurring conflict is really a double-edged sword. While opportunities for the private sector to develop were created by the departure of foreign firms and the collapse of government services, the enabling conditions for a company to grow and scale remain undeveloped. As a result, most businesses, such as catering companies, cafes, flower shops, and hair salons, remain small-scale. For entrepreneurs like Sami to grow and prosper, several important changes will have to take place. The regulatory environment needs to be more robust and transparent, tackling monopolies and uncompetitive behaviors. State-owned enterprises would need to be reformed and possibly reduced and/or replaced it with more effective public-private partnerships.
Libya’s future may be uncertain, but one thing is sure: its private sector has great potential. The country has incredible possibilities to diversify its economy and benefit from the greater productivity, efficiency and responsiveness typical of the private sector. Its location at the crossroads of three regions gives it a strategic edge. The main challenge is creating the right environment for small companies to develop and grow, and for good business ideas to access the financing needed to turn dreams into reality.
الصفحة السابقة: يدير هذا المهاجر من النيجر متجراً لبيع الزهور ويقدم خدماته في أوقات الإحتفالات في طرابلس.
أعلاه: لا يزال تأثير الثقافة الإيطالية ملموساً في مدينة طرابلس القديمة.
Previous page: This migrant from Niger runs a florist shop that provides services during celebrations in Tripoli.
Above: In the old medina of Tripoli the influence of Italian culture is still tangible.
القطاع الخاص يحاول شق طريقه
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