The last months were very busy for Lebanon as the country took central stage in three major international conferences and recently came out of successful parliamentary elections. The CEDRE donor conference in April was the most anticipated one as the Government of Lebanon went to Paris to secure pledges for funding needed to implement Lebanon’s ambitious Capital Investment Plan (CIP). The plan which includes more than 280 infrastructure projects is expected to jump-start the economy again and help Lebanon achieve its Sustainable Development Goals.
IDAL has been intensifying its efforts to keep pace with the Government’s own attempts for reform to the business and investment climate in Lebanon. As part of those efforts, IDAL has organized many initiatives such as a major workshop in Beirut in partnership with the OECD and the EU that aimed to identify best practices in attracting sustainable investment into the economy, the launch of the Business Support Unit at IDAL, and the support of ICT companies in international fairs, among others.
Many other initiatives are in the pipeline to attract high-quality foreign and domestic investment in particular into our productive sectors. IDAL is looking forward to the upcoming opportunities and challenges ahead and will always work side by side with the investors to ensure their needs are met.
With my best wishes,
Chairman- General Manager