Posted by: mulrickillion | October 31, 2011

Western Companies See Libya as Ripe at Last for Business

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An oil terminal in Misurata, Libya, in May, after an attack by Qaddafi forces. Rebuilding will be a major task in Libya for years. Bryan Denton for The New York Times.

By Scott Shane Oct 28, 2011 — WASHINGTON — The guns in Libya have barely quieted, and NATO’s military assistance to the rebellion that toppled Col. Muammar el-Qaddafi will not end officially until Monday. But a new invasion force is already plotting its own landing on the shores of Tripoli.

Western security, construction and infrastructure companies that see profit-making opportunities receding in Iraq and Afghanistan have turned their sights on Libya, now free of four decades of dictatorship. Entrepreneurs are abuzz about the business potential of a country with huge needs and the oil to pay for them, plus the competitive advantage of Libyan gratitude toward the United States and its NATO partners. . . .

Western Companies See Libya as Ripe at Last for Business – NYTimes.com

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