Presidency of the
Council of Ministers
As part of the Lebanese delegation, IDAL participated at the “Lebanon Country Presentation” event organized by the Italian Trade Agency in Rome, presenting investment opportunities in Lebanon to 100 Italian companies. This presentation aimed at introducing the Italian business community to the promising investment opportunities in Lebanon and exploring areas of cooperation in various economic sectors.
IDAL's Chairman, Eng. Nabil Itani, emphasized on the role Lebanon is playing in the Middle East as a business hub, and talked about the promising investment opportunities in the productive sectors.
IDAL participated at the OECD Regional Workshop on “Improving the use of investment incentives in the Med region". Chairman Eng. Nabil Itani said that the projects benefiting from IDAL's incentives have had an important impact on the economic growth and job creation, achieving growth in the productive sectors by 18% and creating more than 35,000 direct and indirect job opportunities. Upon him, tax incentives in Lebanon had little impact on the state's financial revenues, while having a significant impact on economic growth and job creation.
A delegation from New Zealand Trade & Enterprise visiting IDAL to explore investment opportunities in Lebanon and to look into partnerships between Lebanese and New Zealander companies.
IDAL's Chairman, Eng. Nabil Itani, discussed with the Ambassador of Lebanon in Argentina Johnny Ibrahim in activation of the economic relations, especially in the investment field. The two sides stressed the need to strengthen cooperation and facilitate communication to open up greater opportunity for exchange and mutual benefit from the potential both countries enjoyed.