Download Libya`s Healthcare Opportunities Libya has begun a process of

Libya’s Healthcare Opportunities
Libya has begun a process of economic reform. Efforts are being made to modernise
the economy as part of a broader campaign to reintegrate with the international
community. Initial steps include applying for WTO membership, cautiously reducing
subsidies, and announcing plans for privatisation. There are encouraging signs that
Libya is moving away from a state-controlled economy towards a free market. Libya's
agreement to the publication of IMF Article 4 report and the Managing Director of
IMF statement during his recent visit to Tripoli in November 2008 that "Our
discussions have convinced me that Libya will continue to make progress in its reform
agenda, with the goal of realizing even higher growth and improving the standard of
living of the population." are further positive signs of a move towards an open economy.
Libya is not an easy market. Libyan companies tend to stick with established contacts,
and new market entrants will require a lot of energy, patience and determination.
Offering a training element and expert advice with goods and services will have a more
competitive edge in the market.
The pharmaceutical and medical equipment markets are booming. In the absence of
local production, imports are growing rapidly. The total value of imports of drugs and
medical equipment is estimated at 280 million euros per annum, 70 percent for
pharmaceutical products, and 30 percent for medical equipment. Growth prospects are
expected to be considerable owing to a high population growth rate (+3.6 percent per
annum), considerable government aid to the CEN-SAD countries (Community of Sahel
and Saharan States) and the planned investments in healthcare systems.
Libya's healthcare system is a mix of public and private clinics. The lifting of sanctions
against Libya in recent years also allows the healthcare system to move forward with a
transition from preventative medicine to more treatment-focused healthcare. There
have been recent strong and increasing signs towards privatisation of the healthcare in
Libya. This is the tight time to establish strong presence in the Libyan Healthcare
market to take advantage of the growing trend towards privatisation of the sector.
Bushra Group of Companies consists of Dar Bushra for Healthcare, Dar Bushra for
Equipments, Supplies and Medicinal Products and Bushra ICT Solutions.
Bushra Group of Companies provide Sales, Services, Maintenance, Refurbishments and
Training. Bushra provides turnkey solutions tailored to the local needs based on expert
needs assessments. Bushra particularly focused on capacity building, knowledge and
skills transfer, rehabilitation, and modernisation of Health organisations. Through our
sister companies in London, UK and Mooresville, North Carolina, USA and our network
of experts we can also respond to our clients needs if and when required.
Bushra Group provides its equipments, supplies, and services to clients, community,
Businesses, and Government organizations with holistic concepts with consistent
principles and coordinated solutions.
Bushra ICT Solutions offer Communications, Information technology and Security
software and hardware systems backed up by expert needs assessment and combined
with a tailored training and support packages. As an independent ICT partner and with
our world class IT partners we are able to design communications, IT and Security
hardware and software solutions to the business goals.
Dar Bushra Healthcare Equipments, Supplies and Medicinal Products assist customers in
defining and supply all their needs for Equipments, Supplies and Services, Solve tricky
problems with out-of-sector solutions and deliver on time and on budget. Bushra
provides excellent range of medical, laboratory equipments, and medicinal products
from the world most reputable companies.
Dar Bushra for Healthcare Services provides services to organisations and clients
range from expert assessment, advice and management of Services, Projects'
management and / or Organizations.
CONCLUSION
Libya is a promising market, with opportunities and challenges opening up in the Health
sector. The Health sector is undergoing significant reforms and privatisation.
Partnerships with Libyan operators are means to secure a foothold in the market, which
offers lucrative investment opportunities.
The time is right to invest in the health sector. Bushra Group is well positioned to take
advantage of the promising market in the Health sector in Libya.
Address:
Bushra Group,
P.O. Box 82531
Hay Alandalus,
Tripoli - Libya
Email:
[email protected]
[email protected]
Website:
www.bushra-group.com
Dr Saleh El-Gadi
Tel: 00218917801097
[email protected]