Joined: 05 Oct 2005
Posts: 315
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Tourism investment in Libya has attracted more than 73 national and foreign investors last year, the General Board of Tourism reported.
The Board said in a report that contracts have been made with 21 investors to execute tourism projects, and that there are more than 42 files for associations, investment companies and investors are still under study and revision. The report revealed that the cost of the tourism investment projects to be executed in Libya has reached 4,771,560,700 billion Dinar. Local investors contribute with a percentage of 37.8 % of these projects. While the foreign investor with a percentage of 26.3% and joint investment with a percentage of 35.9%. The report revealed that the investment cost of these tourism projects reached 3,598,710,700 billion Libyan Dinar by the end of 2006. The national investment in these investment reached a sum of 1,789,370,700 billion Libyan Dinar this is a percentage of 37.9% of the total cost of investment. The foreign and local joint investment reached a sum of 1,697,140,000 billion Dinar this is 37.9% of the total cost of investment. While foreign investors contribute with a sum of 245,050,000 million Dinar, a percentage of 26.3% of the total cost of investment. The tourist projects include tourist resorts, complete tourist complexes tourist cities, villages and hotels. |
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