Saturday, September 24, 2011

Media Release September 21 2011

The new Government of Libya (National Transitional Council) has started the negotiation with several companies in order to rebuild Libya's infrastructure. (“The NTC estimates that reconstruction could cost Libya about $200bn over the next decade as the country rebuilds its infrastructure, which has been badly damaged by years of underinvestment, sanctions and, more recently, war” Financial Times September 15 2011).

Many European companies have taken advantages from the success of Libyan Revolution with the backing of NATO and will immediately follow-up their political leaders' recent visits to Tripoli(“Britain, which sent its first representative from UK Trade & Investment to Tripoli on Tuesday, plans to send a delegation of at least 20 members of the Libyan British Business Council to Tripoli and Benghazi in October. The national transitional council has shown it is willing to reward those companies and nations that aid it and so it is not too early for companies to establish or re-establish their presence in Libya,” said Emad Mostaque, chief Middle East and north Africa strategist at Religare Capital Markets. Financial Times September 15 2011).

Foreign companies are required by the law to establish joint venture with local companies in Libya in order to do projects. However, Libya is still seen by many foreign companies as good opportunities to do infrastructure projects due to its liquidity but lack of expertise and experience internally for those project execution (But the Libyans do not need foreign capital as much as foreign expertise and technical know-how. To this end, experts expect the existing requirement for joint-ventures with Libyan companies and employment quotas which stipulate 75 per cent of employees must be local are likely to be maintained” Financial Times September 15 2011)

Libyan Indonesian Business Council is ready to assist any Indonesian companies that are willing to establish itself in Libya and make contacts to proper authorities in order to negotiate business deals and sign government contracts. The Council is headed by Mr. Abdulmagid Mayet, a renowned lawyer and long-time businessman, the author of Libyan Commercial Law Handbook, Legal Adviser of US Embassy in Tripoli, Chairman of Legal Committee of Libyan Businessman Council and Chairman of Tripoli Chamber of Commerce.


News coverage by Tempo on the subject: "Peluang Dagang Indonesia di Libya Pasca Revolusi"

To contact Libyan Indonesian Business Council:
The Embassy of Libya
Jl. Kintamani Raya II Blok C/17
Kav. 6-7 Kuningan Timur
Jakarta Selatan 12950
c/o Charge D'Affaires
Mr. Masoud S. El Koshly
mobile: +62-85710671117 email: elkoshlym at yahoo.com or
Mr. Jaya Wahono
Executive Director of Libyan Indonesian Business Council

Indonesia Sasar Pasar Afrika (termasuk Libya) Untuk Mengimbangi Penurunan Ekspor ke Eropa dan Amerika


Foto credit: LIBC
Ketua Kadin Komite Timur Tengah:
"Kita sudah announce kepada rekan-rekan kita
supaya ikut berbisnis ke Libya"
Foto credit: LIBC
Komite Tetap Kegiatan Hulu Migas Kadin Indonesia adakan 
pertemuan dengan Delegasi National Oil Corporation (NOC) 
Libya yang dipimpin oleh Shokri Ganem
Foto credit: www.kadin-indonesia.or.id
NOC of Libya Tertarik Investasi Dua Kilang Milik Pertamina 
senilai US$ 13 milyar
Foto credit: foto.detik.com
Chairman of LIBC and Executive Director  of LIBC
with former Chairman of NOC and Prime Minister of Libya,
Mr. Shokri Ghanem
Foto credit: LIBC
Target Produksi Medco Di Libya Tetap 2014
The block’s full production facilities would require investment of 
about US$800 million
Foto credit: TribunNews.com
Pertamina Tetap Komit Bisnis Migas di Libya
Pertamina mengeluarkan dana investasi hingga US$50 juta

Foto Credit: ANTARA News 
Energy Hub for Asia Pacific

Friday, September 23, 2011

Dubes Libya Mr. Abdussame akan berkunjung ke ITB

Foto credit: www.FTMD.itb.ac.id
Foto credit: www.FTMD.itb.ac.id
Foto credit: www.FTMD.itb.ac.id
Foto credit: www.FTMD.itb.ac.id

Recognition to New Libya by International Communities

President Obama Salutes the People of Libya
World Bank recognises Libya's new rulers
Foto credit: www.worldbank.org
World’s countries pledge support for Libyan transition at UN summit
Foto credit: www.un.org
Winning the Transition by Sri Mulyani Indrawati
Foto Credit: devpolicy.anu.edu.au/
Peluang Dagang Indonesia di Libya Pasca-revolusi
Foto Credit: LIBC

News Coverage on Libyan Trade Delegation to Indonesia in 2008

Foto credit: LIBC
Foto credit: LIBC

Libyan Trade Delegation was received by Mrs. Karen Agustiawan

Foto credit: LIBC
Foto credit: LIBC
Foto credit: LIBC
Foto credit: LIBC
Foto credit: LIBC
Foto credit: LIBC

The New Libya aims to become Clean Energy Source to Europe

Foto credit: www.desertec.org

Foto credit: LIBC

Foto credit: LIBC

Executive Director of Libyan Indonesian Business Council
with Chairman of Murzuq Chamber of Commerce
and Communities in Sahara Desert of Libya




Undangan kepada para ahli dari Indonesia
untuk Mewujudkan Proyek Energi
Tenaga Surya di Gurun Sahara