Recently Released Market Study: Libya Infrastructure Report 2013
BMI View: Progress has been made on reconstruction of essential infrastructure in the aftermath of Libya's civil war. Following a 79.0% contraction in real industry value in 2011, initial reconstruction combined with base effects is estimated to have propelled growth back to 35.4% in 2012. Whilst strong, this by no means spectacular given the context; with the ongoing violence and the lack of a strong political mandate in government, we believe more serious reconstruction will take some time to filter...
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