Posted on 10/24/2011 7:36:22 AM PDT by LSUfan
Libya Infrastructure Report 2011
Business Monitor International
January 27, 2011
70 Pages - Pub ID: BMI6194451
http://www.marketresearch.com/Business-Monitor-International-v304/Libya-Infrastructure-6194451/
“Perfumed Saudi princes” stinking of rosewater (or is it Brut Cologne..) & more than a few glasses of whiskey, spreading and funding Wahhabism and (fund-a-mental Islam) around the world, incl. the West.
No doubt Ghaddafi was involved in terrorism, and even sided w/ quite a few ‘undesirables’ like Idi Amin & Slobodan Milosevic. But, in the last decade he wasn’t a threat to the West.
nuconvert: Sure, Ghaddafi viewed AQ as a threat to Libya & himself, and sent death squads overseas to assassinate threats to Libya. Obviously, Libya wasn’t a representative democracy, so, he feared AQ for personal reasons as well. On this point, for example, the Shah employed the wrong strategy w/ Khomeini et al. On this note, we invaded Afghanistan and Iraq because we saw persons there being threats to us, you know, the “pre-emptive” stance ...
If the issue is international terrorism, past & present, S. Arabia, IRI & Pakistan should be dealt with as a matter of priority - they are the top 3 worst offenders in the moslem world, and around the world.
Unfortunately, there continues to be a lot of bowing & never ending ‘diplomatic solutions’ going on with the mentioned 3 horrors. On the one hand Hillary wants Afghanistan to ‘reconcile’ w/ the (democratic /s) Taliban, which has always been a product of Pakistan, funded by Saudi petro$$$$$. And, on the other hand, Hillary’s boss has been going after ‘soft targets’, and ‘dictators’ in Libya & Egypt.
Quite a few contradictions ...
Libya's construction sector is fast becoming one of the most active in the Middle East and North Africa (MENA) region, with outstanding growth recorded in 2009. Historic growth levels combined with substantial infrastructure investment plans have guided an upward revision in our growth outlook for Libya's construction sector over the short term, with real growth of 8.5% and 7.9% expected in 2011 and 2012 respectively.
There are a number of factors driving our optimistic outlook for Libya's construction sector:
Construction industry real growth for 2009 was reported at 9% year-on-year (y-o-y), making it one of the best performing countries globally, despite a difficult backdrop in terms of risk aversion and reduced oil revenues. Nominal growth came in at 26% y-o-y, however, this is cause for some concern, indicating high inflation levels in the construction sector.
Substantial investment plans have been announced for the housing and infrastructure sectors, with a US$100bn, four-year (2009-2012) investment plan currently being executed. In June 2010, this was further increased by US$52bn, meaning a considerable amount of money will be directed to the construction sector.
A healthy budget surplus is propping up investment plans, making them easily feasible. In 2010, BMI estimates that Libya's budget surplus was 14.7% of GDP, and will remain in the double digits in both 2011 and 2012 (11.9% and 10.3% respectively). This is enabling the government to procure large-scale and capital-intensive construction projects...
I assume the pics were taken post-bombings in recent months?
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