Naples, FL, February 10, 2019 --(PR.com
)-- The economy and Lebanon’s construction sector in specific is expected to see a major boost following the 2018 CEDRE donor conference which has resulted in $11.8 billion in pledges of financial assistance, out of which $11 billion are in soft loans. There were 51 countries represented at the conference in addition to international donor institutions.
The European Bank for Reconstruction and Development intends to invest at least $200 million in Lebanese equities, renewable energy, and water resources in 2019.
Billions of dollars are being invested in Lebanese projects such as Tripoli Special Economic Zone ($270 million), Khaldeh - Nahr Ibrahim Expressway ($2.86 billion), Beirut Rafic Hariri International Airport expansion ($500 million), Rene Mouawad Airport rehabilitation and expansion ($100 million) and many more.
Project Lebanon: Bridging Regional Markets
Project Lebanon is the premier event of its kind in the region, bringing together industry leaders from around the world. The event’s 24th edition will be held from 18 to 21 June 2019 at Seaside Arena, Beirut New Waterfront.
Being the annual meeting point for the construction industry in the region, Project Lebanon will play a key role in the 2019 dynamic construction and infrastructure market. It is set to welcome leading companies from around the world to help mobilize upcoming projects, source leading-edge technologies and products, and forge new partnerships and ventures.
“We've been here for twelve consecutive years. This is an important investment for the Italian government. We have high expectations for the Lebanese market. We believe Lebanon is the gateway to the Middle East and the Gulf countries...” -Francesca Zadro, Trade Commissioner - Italian Trade Agency
In its 2018 edition, 400 exhibitors from 17 countries participated at Project Lebanon. The exhibitors showcased products and solutions from the stone, building materials & equipment, power and electrical energy, interiors & finishing materials, HVAC, lighting, and PMV sectors.
“Project Lebanon is an ideal setting for French companies wishing to establish business contacts in Lebanon to promote their know-how. The French pavilion celebrated its 10th participation in this important show in 2018.” - Marie Maamari, Directrice Bureau - Business France Lebanon
The event allows face-to-face networking opportunities with a high-quality audience and enables participants to establish new contacts, renew existing partnerships, and explore new business opportunities.
“Lebanon has been one of the important target markets for Turkish exporters in the Middle East for a long time. The country’s developing economy, re-export opportunities, and proximity to Syria and East Africa make it even more important. We participated at Project Lebanon with 13 Turkish companies to find local agents and secure business deals …” - Cemil Filizfidanoglu - TROY EXPO
Project Lebanon 2019 is held concurrently with Energy Lebanon 2019; the country’s unique exhibition dedicated solely to energy and designed to cover all aspects of the sector.
For more information about Project Lebanon 2019, please visit www.projectlebanon.com.