By Sami Zaptia.
Tripoli, 4 February 2014:
A conference on the competitiveness of the Libyan economy was held yesterday at the . . .[restrict]Radisson hotel, Tripoli. The conference was organised by the Ministry of Planning and its Planning Institute.
The two-day conference entitled “The competitive capability of Libya’s economy – Reality and means of improvement” presented 20 different papers on the topic ranging from Libya’s strengths and weaknesses, long term strategies, definitions, indexes, the financial and banking sector, human resources, SMEs, knowledge-based economy, higher education and exports.
Abdallah Shamia, former Economy Minister in the Mahmoud Jibril government said that “the topic of competitiveness has become an important topic across the world as nations seek to improve their economies in the world and improve the living standards of their citizens. During this conference we will try and define competitiveness and analyze the competitiveness of Libya’s economy as well as identifying barriers and solutions to improve local competitiveness”, he explained.
Deputy Planning Minister Abdulatif Al-Tunsie said that the efforts of the conference would hopefully contribute to the building of competitive institutions that would be employed to meet the aims and desires of Libyan citizens. Change and development in the rest of the world is continuous, Al-Tunsie said, and therefore, non-classical methods are often needed in order to keep up with change and remain competitive in a fast moving world.
This means that there is a need for mechanisms that can deal with change and change management, Tunsie added. Libya is trying to rebuild from rubble and is in need of these new competitive standards. Referring to those who lost their lives during the February 2011 Revolution, the Deputy Planning Minister said that Libya’s martyrs gave their lives so that Libya can build and fulfill great aims and goals with distinctive institutions.
We owe them that we build a distinct state. We must not fear the challenge or failure in order to obtain distinction or competitive advantage. We must have belief, Al-Tunsie concluded.