A post-Qaddafi pause
Despite the opportunities, most foreign investors are so far staying away
A DRIVE down Gargaresh Street in central Tripoli suggests that foreign investors are having a ball in post-revolution Libya. Debenhams, a British department-store chain, opened last month. Young Libyans flock to Cinnabon, an American purveyor of sticky buns that arrived last year. BurgerFuel, a New Zealand chain, plans to launch. “Business is booming,” boasts Husni Bey, a local industrialist whose company runs the franchises for several Western chains.
This article appeared in the Business section of the print edition under the headline “A post-Qaddafi pause”
From the October 5th 2013 edition
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