Presidency of the
Council of Ministers
Chairman of IDAL Mr. Nabil Itani met with the Lebanese Ambassador to Oman Mr. Hussam Diab. The discussions tackled ways of enhancing economic cooperation, especially in the investment field, as well as the creation of the Oman-Lebanese Business Council.
Within the framework of the European Union's EUROMED Migration III, the Chairman of IDAL, Mr. Nabil Itani and Director General of the Directorate of Emigrants at the Ministry of Foreign Affairs Mr. Haytham Jomaa, along with the national coordinator of the ICMPD project in Lebanon Colonel Kamil Naoum, have participated at the Director's General meeting in Rome.
The objective of the meeting is to evaluate the progress achieved within EUROMED Migration III and seek consensus on the strategic and thematic orientation for the next phase of the programme.
API has signed today for the Package Deal contract with IDAL. API, which is specialized in plastic pipes manufacturing is interested to expand its factory to cater to its growing export needs to Europe and Africa.
The expansion project is estimated at $20 Million and will create 30 job opportunities. API will benefit from a tax break for up to 10 years, 50% reduction on work and residence permits, 50% reduction on construction permit fees, and free land registration fees among others.