Presidency of the
Council of Ministers
Established in 1994, Advanced Plastic Industries (API) is expanding its current production due to high market demand for pipelines. The expansion will take place in two phases; the first phase will involve renovating the current occupied location and buying new machinery for the existing products, and the second phase will consist of buying other needed machinery for new products.
Sub-sector: Rubbers & Plastics
Investment Size: USD 21,3 million
Jobs to be Created: 30
Type of Investment: Expansion
Nationality of Investor: Lebanese
Approval Date: 2014
Operation Date: 2013
Type of Incentive Scheme from IDAL: Package Deal Contract (PDC)
For more information, please download the Project Fiche.