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Industry

KEY FACTS AND FIGURES:
 

  • The sector accounts for around 7.5% of national output and employs around 140,000 people, or the equivalent of 25% of the local labor force.
  • It is the second largest employer after the public sector, ahead of other economic sectors.
  • It encompasses more than 15 sub-sectors which range in importance in terms of their contribution to GDP and employment. The Food & Beverage sector contributes the highest to industrial sector output (26%), followed by 12% for the Metal & Metal Products sub-sector, 11.7% for the Other non-metallic mineral products, 11% for the Electrical machinery and apparatus, followed by Furniture & Wood Products.
  • Key exported products in 2016 include: Base metals and articles of base metal (20%), Prepared Foodstuffs (18.3%), Products of chemical and allied industries (13.6%), followed by other sub-sector with lower share of total.
  • Key export destinations in 2016 include: Turkey (20.2%), Syria (16.3%), Saudi Arabia(5.05%), Iraq (5.1%) and Italy (3.5%).
  • Industrial exports hovered at 2.79 USD Billion by end of 2016.

*Source: National Accounts 
 

COMPETITIVE ADVANTAGES:
 

  • Institutional Support: organized sector with the Association of Lebanese Industrialists (ALI) very active in promoting the interests of its stakeholders.
  • Multiple financial facilities provided by the government:
    • 50% exemption on tariff duties at export,
    • 2% custom duties for machinery, equipment, spare parts and building material imported for the setting up of new industrial firms,
    • 0% custom duties for textiles, semi-manufactured goods and raw materials,
    • Fiscal exemptions granted by IDAL which can run up to 100% exemptions on corporate income tax for a period up to 10 years for industrial companies,
  • Signing of multiple bilateral and multilateral agreements which have had a positive impact on the improved access to markets for Lebanese exports in external markets.
INDUSTRY INVESTMENT INCENTIVES
Industry Operational Licenses
PRIVATE INDUSTRIAL ZONES IN LEBANON
Industrial Zones in Lebanon
Useful Addresses
Get in Touch
Lazarieh Tower, 4th Floor, Emir Bechir Street, Riad El-Solh Beirut, Lebanon, P.O.Box 113-7251
Phone
+961 1 983306 / 7 / 8
Fax
+961 1 983302 /3