"Green" investments in Africa (Tchad)

Libya  has a considerable stake in many hotels, telecom companies, farmland, all over Africa. A prominent example can be seen on this picture: The Kempinski hotel in N´djamena, Tchad. By far the biggest, most modern hotel, a real landmark. Too bad it is a bit out of town, and I also doubt that occupancy is very high.
In Libya the Libyan Africa Portfolio (LAP), a subsidiary of the Libyan Investment Authority, was responsible for investments in Sub-Sahara Africa. Investments through the LAP were of course done within the political framework of the government at that time and should, in addition, bring a positive return on the investment.  During the last one-two years LAP also invested in Ukraine, Russia, etc.
But lets continue with the Kempinsky:
Here, Austrian history was written in 2008: when our troops landed in N`djamena, it was just the day when rebels overran the capital. However, we were warned by the French. Luckily, the Kempinsky had some empty rooms available, so our soldier could find a safe retreat there, until the French Army came to rescue our boys.
Merci

Foreign companies in Libya in state of shock ?

Foreign companies are very sensitive when it comes to shootings, bombs and especially attacks or happenings in relation with their diplomatic representations. The recent events in Benghazi left many in mayhem and fear. As one person on Twitter wrote it
"Embassies are the last safe haven, a last retreat. If they are attacked, foreigners don't feel safe anymore"
As the protests continued in the Arab world, some companies decided to pull the safety strap and take a short leave back to their homebase, or are thinking of taking their staff temporarily out of Libya. No one who has been in Libya over the last year has decided to leave for good. But a temporarily break, or a long, or not so long, scheduled meeting of all their Libya staff in their home base is a solution some are taking. And US american companies: I think most of them have taken their staff out (anyhow, there were not so many who came back so far).
One person pointed out: "It doesn´t matter so much if foreign companies stay or leave, anyhow they did not have any contracts / work to do."
For most companes this applies, but dont forget that some companies are working already in the elctricity sector (without them, there would not be 2 hrs power cut a day, but 24hrs) and not to forget the oil sector.
In the short run: true, no problem - oil keeps flowing. But over the next few months or even years, production will drop sharply if service in the oil fields can not be done and no new fields can be explored. This is actualy the status for most exploring companies since 1 1/2 years.
Then, fewer income will be generated and the country might slip into chaos.
Already, not so many companies are "flocking" into Libya. And each and every incident leads to a darker picture of the security environment.
I keep a diary, and hardly any day passes without some minor or majour happening. For businesses to return, this must change.
New laws, such as the limitation of foreign ownership to 49% do not encourage companies either.
And of course, the Libyan government must be willing to let foreign companies come to Libya, hence awarding them contracts.
Now a new, elected government is in place. Businesses have the hope that they use their legitimacy to give them a basis for a return.

Libyan Development Forum Dubai

On 26th and 27th June the Libya Chamber of Commerce organised a conference on the future economic Development. As a location, Dubai was chosen, as many foreign businessmen these days do not dare to travel to Libya. Well, look for yourself on City 7TV about the outcome of the conference, Libyas relation with the UAE and Libya´s economy....
Report of City 7TV 

JLBM - Asamer auf Libya Build

Das wäre ja keine richtige Messe in Libyen, würde nicht zumindestens ein österreichisches Unternehmen präsent sein. Aber auf Asamer ist eben immer Verlass. Diesmal durch die Joint Libyan Building Material vertreten, ein Joint Venture, das sich der Produktion von Beton widmet (nicht zu verwchseln mit Zement, das den Grundstoff für die Betonproduktion liefert. Aber das hat bei mir auch gute zwei Jahre gedauert, bis ich das so richtig kapiert habe...)
Aus Sicht der JLBM war die Messe jedenfalls sehr erfolgreich und man hätte sich nicht die Qualität der Besucher so hoch vorgestellt. 2013 plant Österreich übrigens einen Gruppenstand auf der Libya Build. Interessenten können sich bereits melden....

Schwieriger Neustart für österreichische Unternehmen

Für diejenigen von Euch die es noch nicht gelesen haben - hier der Link zur gestrigen Analyse des ORF zum Neustart in Libyen.
Schwieriger Neustart - orf.at

Palm City

Palm City: Das neueste der Ausländerwohncamps in Tripolis. Vor der Revolution war dies ein sehr begehrtes (wenn auch nicht billiges) Plätzchen zum Wohnen.
Heute ist es das einzige Camp in der Umgebung von Tripolis, das intakt und nicht geplündert ist. Die Preise sind leider nicht geringer geworden, ganz im gegenteil: Steigerungen um 50%. Aber wo kein Angebot, da steigen die Preise eben. Bewohnt wird es derzeit von vielen Diplomaten und internationalen Organisationen. Die Belegung wird so um die 30-40% sein. Der Supermarkt ist (für hiesige Verhältnisse) bestens bestückt.
Palm city steht nach wie vor im Eigentum von der maltesischen Corinthia Gruppe in einem Joint Venture mit dem ESDF.