Investment Incentives
IDAL provides incentives for investments in key sectors including: Industry, Agriculture, Agro-Industry, Tourism, Information Technology, Technology, Telecommunication, and Media. Two incentive schemes are available: 1. Investment Project by Zone (IPZ) scheme: It is a scheme based on the project’s geographical location, investment size and sector type. It provides investors with fiscal related incentives and work permits. This scheme divides Lebanon into three geographical zones (Zone A, Zone B, Zone C). 2. Package Deal Contract (PDC) scheme: It is a scheme based on the project’s investment size, number of jobs created, and sector type. It provides investors with fiscal and labor related incentives as well as set-up fees reductions. Under this scheme, the investor is bound by a contract with the Lebanese government represented by IDAL.Services
Apart from granting incentives on investment projects, IDAL in entrusted with the following services: * Providing economic, commercial, legal, industrial and other information relevant for investment decisions. * Providing information on economic sectors with investment potential. * Identifying and promoting investment opportunities in various growth promising sectors. * Mediating contacts between investors and entrepreneurs to identify potential joint-venture opportunities. * Granting various types of fiscal exemptions and fees reduction to investment projects as stipulated in Investment Law No. 360. * Participating in the capital of joint-stock companies in specific fields. * Facilitating the issuance of permits and licenses required for starting and operating a business through coordinating with corresponding public institutions. * Providing advice on issues affecting the investment climate in Lebanon. * Arranging for business meetings with officials from both private and public sectors. * Providing after-care service for investment projects.Board of directors
Mr. Nabil Itani, Chairman and General Manager Mr. Georges Kassab, Vice-President Mr. Ramzi El-Hafez, Board Member Mr. Mourched F. Hage Chahine, Board Member Mr. Wassim G. Audi, Board Member Mr. Farid N. El Kheshen, Board Member Mr. Nacib M. Hoteit, Government CommissionerContact
See also
References
{{Authority control Lebanese governmental organisations