High Value Opportunities in Libya

806 views

Published on

Published in: Education
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
806
On SlideShare
0
From Embeds
0
Number of Embeds
491
Actions
Shares
0
Downloads
0
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

High Value Opportunities in Libya

  1. 1. High Value Opportunities in LibyaAngus Jackson OBENovember 2012 1
  2. 2. IntroductionLibya has access to considerable capital reserves to fund rebuildingand developmentElections, lack of procurement expertise, and general upheaval havedelayed the letting of large contractsHow can UK companies make the most of the opportunities in Libya?UK companies should focus upon building strong relationships withpotential business partners and stakeholders in Libya 2
  3. 3. The opportunities are immediate Rumours of contract wins by other nations are generally unfounded Smaller contracts are being let, typically to local companies 11,000 contracts are currently under review with a focus on transparency Potential under spend against budget allocations and a requirement to spend in Q4 of this FY Logistics of travel to Libya are improving 3
  4. 4. UK firms should be ideally placed The UK is well thought of in Libya We are viewed as a “quality partner” Opportunities exist across all sectors where the UK is traditionally strong: – Oil, Gas and Power – Healthcare – Education – Technology and ICT – Civil Security – Business and Financial Services – Infrastructure (incl. Airports) 4
  5. 5. The opportunities are considerableOpportunity Sector Timeline Est. ValueTripoli, Benghazi and Infrastructure Immediate to Long £250m +other Airports TermOil Exploration Oil, Gas and Power Long Term £250m +Immediate Healthcare Healthcare Immediate to Medium £125-250mReconstruction TermCritical National Infrastructure Medium Term £100mInfrastructureCross-sectoral Education and Skills Immediate to Long £50mVocational Training TermEngineering Infrastructure Immediate to Long £50mConsultancy TermOilfield Protection Oil, Gas and Power Immediate £10mPolice and Justice Civil Security Immediate £6mSector ReformEducation Reform and Education and Skills Immediate £2mStrategy 5
  6. 6. UKTI can help build relationships Excellent network of contacts Superb locally engaged staff Great understanding of the changing political landscape Up to date information on logistics Many Ministries allow international companies to register for procurement notifications and eligibility (pre-qualification); UKTI can support this process 6
  7. 7. Summary There are great opportunities for UK companies across seven key sectors It is likely that major projects will not be tendered until Spring This presents a window for UK companies to build and establish relationships with Libyan businesses and officials UK companies should be registering with the Libyan Ministries Make best use of UKTI in Tripoli 7
  8. 8. angus.jackson@uktispecialist.com 04/12/12 8

×