Fund's summary Strategy

The Libya Development & Reconstruction Fund (FDRL) represents a pivotal milestone in the nation’s journey toward rebuilding and revitalization. Established by the HOR in 2024 to spearhead Libya’s reconstruction and development, the FDRL plays a crucial role in rebuilding infrastructure, housing, and public facilities following the country’s significant challenges in many sectors.

Through financial resources, technical expertise, and strategic guidance, the FDRL is dedicated to accelerating Libya’s economic recovery and education development, enhancing its infrastructure, and fostering sustainable development goals (SDGs) for the betterment of all Libyans.

By providing financial resources, strategic planning, and support, the FDRL will catalyze investment in key sectors such as housing, transportation, energy, and public facilities and the globalization of the mindset toward development and modernization. The FDRL aims to create a thriving and resilient Libya through robust partnerships with the public and private sectors inside and outside Libya.

FDRL’s Summary Mission and Goals

The FDRL’S comprehensive development strategy consists of 9 parallel lines to transform the whole state of Libya towards implementing the determined 66 collective organized goals.
Reconstruction: Restore Libya’s infrastructure, including transportation networks, energy facilities, and public buildings, and increase all services based on international standards (Area-based approach, Dynamic Management Bottom-up and top-down).

• Development: Stimulate economic growth by investing in key sectors such as housing, agriculture, and industry, creating employment opportunities, improving living conditions, and continuing.

• Sustainability: Emphasize sustainable development practices, incorporating environmental and social considerations into all projects.

Key Areas of Focus

Infrastructure Development
Build and rehabilitate roads, bridges, hospitals, ports, airports, and other critical infrastructure based on area-based approach plans.

Housing and Urban Development
Construct affordable housing, develop sustainable urban communities, and improve living standards.

Economic Development
Support private sector growth, create jobs, and foster entrepreneurship.

Energy and Resources
Invest in renewable energy projects, enhance energy efficiency, and develop the country’s natural resources using an area-based approach.

By providing financial resources, strategic planning, and support, the FDRL will catalyze investment in key sectors such as housing, transportation, energy, and public facilities and the globalization of the mindset toward development and modernization. The FDRL aims to create a thriving and resilient Libya through robust partnerships with the public and private sectors inside and outside Libya.