News Analysis: Benghazi, Libya, which has had some poor Public Relations News in the World Press is building a new Tourist Complex, the Five-star Corinthia Hotel. Permits have already been attained and construction is commencing. The Hotel will have 259 Rooms and Suites, 10,000 m2 (107,600 ft2) of Office Space, 2,000 m2 (21,520 ft2) of Retail Space, two Restaurants, Banquet Halls, Business Center, and a Spa. This Complex is located on the Seafront.
Benghazi has a substantial Petrochemical Industry which is being rejuvenated. As the financial situation of Benghazi improves, opportunities for profits will abound. Since the tremendous natural resources of the country will belong to Libyans (rather than when it was a “Fiefdom of its former Ruler”) Infrastructure Development should increase due to properly disbursed revenues. As the Per Capita Income accelerates in Libya, its Citizens should have more Disposable Income with which to purchase Hard and Soft Goods of their choice.
Going from the infamous “American Debacle” of yesteryear to Benghazi today reveals a desire of Libyans to finally be able to enjoy the “Fruits of their Country”.
Entrepreneurs may consider exploring for Business Opportunities in this “New Libya”.
Reality.
Reference: http://tinyurl.com/lvee4ww