ANNOUNCEMENT 28 Apr 2010

In April 2010, the government of Libya announced changed incentives for foreign investors entering the country.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



The Tripoli Post. (2010). New Tax Law in Libya Aims to Promote Investment by Local Foreign Investors. Available at http://www.tripolipost.com/articledetail.asp?c=2&i=4419

World Investment Report 2010, p. 78 - http://www.unctad.org/en/docs/wir2010ch3_en.pdf


Inception date: 28 Apr 2010 | Removal date: open ended
Still in force

FDI: Financial incentive

By Law # 9 from 2010, the Libyan Arab Jamahiriya adopted an investment promotion law which encourages national and foreign investment projects in accordance with national development strategies.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A