Presidency of the
Council of Ministers
Chairman of IDAL, Mr. Nabil Itani, met with the newly appointed Turkish Ambassador to Lebanon Mr. Tchatgay Argis. The introductory meeting was important to discuss ways of cooperation between the two countries to encourage investments and boost economic relations. Sectors of focus include tourism, construction, industry and others.
Hawa Chicken's CEO Mr. Jean Hawa, received the Package Deal Contract from IDAL's Chairman Mr. Nabil Itani, following the approval of the Council of Ministers.
The investment project consists of an expansion of the current factory by 61,000 sqm in Anfeh. It includes a new slaughterhouse, refrigeration and storage as well as production and recycling facilities. The expansion project has an investment value of 52.6 million USD and will create 309 job opportunities.
The incentives granted include corporate income tax exemptions as well as permits and licences fees reductions for up to 10 years.