ADMINISTRATIVE VARIABLES IN RELATION OF FDI A STUDY ON LIBYAN INVESTMENT CLIMATE

Résumé

At the beginning of the 21st century Libya declared its intention to liberalise its economy and to integrate into the global economy in order to achieve comprehensive development. This paper aims to investigate and explores whether or not investment climate in Libya in terms of administrative and organisational concerns is appropriate to attract foreign companies, particularly in the non-hydrocarbon sectors. Paper method used is based on qualitative research through two methods of data collection. A survey which was conducted by using a questionnaire with representatives of the foreign and joint companies. A structured interview technique was also used to gauge the opinions of the senior Libyan officials in improving the investment climate in terms of administrative and organisational situations. The paper reveals that investment climate in Libya in terms of administrative and organisational situations unfavourable for attracting FDI to the non-oil sectors. Therefore, Libyan development has failed to make use of the information revolution in an effective way to introduce fundamental changes to improve performance. The paper recommends themes that information technology and e-government are crucial for the development of Libyan investment climate making it more attractive for FDI.