Lebanon Opportunities

New perceptions on industry

In an exclusive interview with Lebanon Opportunities, the Minister of Industry, Wael Abou Faour, discussed the procedures the Ministry has adopted to boost the industrial sector. He said that the country will apply reciprocity on imports, and will place technical barriers on countries that are imposing constraints on exports. Abou Faour announced that the second battle the Ministry will fight is to reduce the cost of doing business for industry, and the launching of bids for the creation of industrial zones.

What are the main steps taken by the Ministry of Industry for the benefit of the sector?

The Ministry has recently had several achievements that contribute to reviving the sector. It was able to gain the government’s approval for

You’re reading a preview, subscribe to read more.

More from Lebanon Opportunities

Lebanon Opportunities2 min read
In Brief Tidbits
Bank restructuring law is easy to implement, but difficult politically Prime Minister Najib Mikati The politicians want the IMF deal without all its conditions Saadeh Chami, Deputy Prime Minister IMF has no intention to cancel the agreement signed wi
Lebanon Opportunities5 min read
Badaro Is Business-centric
The hub of food and beverage (F&B) outlets in Badaro has outperformed peers in the rest of Beirut by recording the highest rate of newly opened F&B businesses since 2019 and the lowest decline in number of outlets. The once quiet middle-class residen
Lebanon Opportunities6 min read
Socio-economic Development
Provided by The Ministry of Agriculture (MoA) has signed an agreement with the Food and Agriculture Organization of the United Nations (FAO) for a project to improve food production and food security, the United Nations (UN) said in a statement. The

Related