A second stadium for the tournament, seating 23,000 spectators, is planned for Misrata. Matches would also be held in Benghazi, the Libya news agency reported.
The announcement follows fast on the heels of a decision last month by the Confederation of African Football to again allow continental club competition matches to be hosted in the north African country, which has been beset by civil strife since the overthrow of Muammar Gaddafi.
Libyan club Al Nasr were allowed to host Friday's African Confederation Cup tie against Morocco's Royal Armed Forces at home in Benghazi in the first competitive international match in the country for two years.
This followed an inspection by a three-man CAF delegation in March.
Previously Libyan clubs used neutral venues to host their matches while the Libyan national side has played both 'home' World Cup and Nations Cup qualifiers in Mali, Egypt and Tunisia over the last 24 months.
Last month, Libya said it would use all its resources to ensure that it kept the right to host the 2017 finals.
The country had originally been scheduled to host the 2013 Nations Cup but the uncertain security situation in the country saw it swap with South Africa, who had been down for the 2017 event.
Hosting the Nations Cup would allow Libya to demonstrate that life has returned to normal in the country and encourage investors, according to Guaila.
"It's not only a sports event but an opportunity to move on from revolution to reconstruction of the state," he said.
- Sports & Recreation