Presidency of the
Council of Ministers
The Chairman of IDAL, Engineer Nabil Itani, attended today in Beirut a symposium on Investments in Iraq, with 35 attendees from Iraq's Investment Promotion Agency representing 18 states.
We presented at the symposium our own experience in building an administrative framework that encourages investments. The symposium extends from 10-11 January in Phoenicia Hotel, Beirut.
We were present at the inauguration of operations of Arwan Pharmaceuticals, a USD 35 million investment project located in Jadra (Mount Lebanon) which aims to develop biotechnology products.It will be considered a landmark in Lebanon and the region for its products, and the advanced technology used to produce them.83 jobs are expected to be created out of this business. The project benefited from IDAL’s Package Deal Contract.
This special edition newsletter is a tribute to what makes Lebanon a great place to live and do business. We will be specifically covering the olive oil industry, a Lebanese signature agro-industrial industry, and a proud part of the country's history and culinary tradition and has been considered an untapped business opportunity with huge profit potential.
To download this issue, please click here.
We have met with the Trade Attache of the Vietnamese Embassy in Istanbul Ly Quoc Thinh and the Commercial Consultant Nguyen Tuan Quang to discuss bilateral trade and investment relations between both countries.
The opportunities available for investment in Vietnam, according to the delegation include the industrial, agriculture, real estate, and financial services sectors.