“Cement is like water and cigarettes. We will need it for many years to come,” the Libyans say.
The Libyan capital fell quickly during the revolution that began on February 17 last year, and the city is not badly scarred by the NATO bombardments. On the other hand, they were harsh on some cities in the north of the country which are now to be rebuilt. That, however, is far from the only reason why the demand for cement is expected to grow considerably in the next five years.
To be rethought
Libya’s economy needs to be rethought, and the private sector that was basically banned under Gaddafi has been set free and is now to flourish so that it can become the engine for the expected two-digit growth rates.
Libya has billions of dollars at its disposal, but cannot rebuild the country and its infrastructure without foreign investment.
Lots of opportunities
The visit to Libya was a fact-finding mission organised by DI. The purpose was to uncover the potential for Danish companies. And there will surely be lots of opportunities, according to all the ministers, businesspeople and foreigners who met with the group.