Decision No. 712 of 2023 on Authorization to Contract for Commercial Registry Office Construction

The Council of Ministers authorizes the Administrative Centers Development and Improvement Authority to directly contract a specialized company to construct new Commercial Registry Office headquarters for LYD 23.4 million. The contract will proceed via direct assignment rather than competitive tender, subject to Administrative Contracts Regulation procedures.

This decision signals infrastructure investment in commercial registration facilities, which may eventually improve business registration processes. However, the immediate impact is limited to construction sector opportunities. The direct assignment method (rather than open tender) suggests the contract will likely go to a pre-selected entity, limiting practical access for most foreign contractors unfamiliar with Libyan procurement networks. Companies requiring commercial registry services should not expect immediate operational improvements.