05.12.2011 - Qatari Investments in Libya accounting for around USD 10 bln
Before the collapse of the Libyan regime led by Gaddafi, several Libyan-Qatari agreements were concluded covering common investments that exceed USD 10 billion. After the National Transitional Council (NTC) took power in Libya, the Qatari Government started to observe cautiously, like all the other countries that supported the NTC, the size of its projects and investments in Libya. Several steps were taken to revive these projects, in the hope of more Qatari investments in Libya, especially after the estimations of some international reports that the actual cost for the reconstruction of Libya is around USD 700 billion. The first phase of the reconstruction plan estimated at USD 200 billion will start next year...............................................Full Article: Source
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