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News and Events

GLOBAL SNACKS COMPANY S.A.L. GOT THE PACKAGE DEAL CONTRACT

04 | Jun 2018

IDAL Chairman Eng. Nabil Itani handed over the package deal contract (PDC) to the Global Snacks Company S.A.L. represented by its Chairman Mr. Abdullah Daher. The project consists of a factory to be established in the Forzol area to produce flour, all kinds of grains, roasted corn and oats with fruits and chocolates, with an investment size of 10 million USD and 92 job opportunities. The incentives granted to the project include full exemption from income tax up to 10 years, reduction of construction license fees, full exemption from registration fees and work permits of all categories for foreign employees.