The Ministry of Economy and Trade announced today the registration of 106 decisions related to branches of foreign companies, joint ventures, and representative offices from January to June 2026.
This indicator reflects growing investor confidence and the continued improvement of the business environment in Libya, the Ministry stated.
The decisions included the opening and extension of 79 branches of foreign companies, the establishment of 19 joint ventures, and 4 representative offices. This strengthens the presence of international companies and confirms the attractiveness of the Libyan market for investment and economic partnerships, the Ministry said.
Contracting sector leads
The data showed that the contracting sector led the targeted economic sectors with 43 decisions, representing 38% of the total. This was followed by the oil and energy sector with 34 decisions (32%), then the environment sector with 5 decisions, and the industry sector with 4 decisions. The remaining decisions were distributed across various other economic sectors.
Turkey, followed by Tunisia, UAE and China top the list
In terms of nationalities, Turkey ranked first with 17 decisions, followed by Tunisia with 13, then the United Arab Emirates and China with 7 each. Italy, the United Kingdom, and Spain each recorded 6 decisions, followed by Cyprus and Germany with 4 each.
Reflecting government's ongoing efforts to develop the investment climate
The Ministry of Economy and Trade affirmed that these indicators reflect the government's ongoing efforts to develop the investment climate, simplify procedures, and strengthen international economic partnerships. This contributes to supporting economic growth, transferring expertise and modern technologies, and creating job opportunities in various vital sectors.
e-registration for foreign companies from August 2026
Moreover, the ministry revealed that starting from August this year, it will be launching an e-website for the registration of foreign companies. This step, it said, aims to simplify procedures, reduce processing times, enhance transparency, and provide a unified electronic window for foreign investors and companies to enter the Libyan market.
This initiative is part of the government's programme to improve the business environment, digitally transform economic services, and create a more attractive climate for investment and international partnerships.
Follow up on US State Department’s Investment Climate Report on Libya
It will be recalled that a meeting of the Tripoli Libyan government team tasked with following up on the US State Department’s Investment Climate Report was held in Tripoli on 13 April, pursuant to Prime Minister’s Resolution No. (593) of 2025.
The meeting discussed ways to enhance the attraction of foreign investment, expand economic partnerships, and work towards creating a more competitive and attractive investment environment, thereby contributing to supporting the economic development process.
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