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Investment Development Authority Of Lebanon
The Investment Development Authority of Lebanon (IDAL) is the national investment promotion agency of Lebanon. IDAL was established in 1994 with the aim of promoting Lebanon as a key investment destination, and attracting facilitating, and retaining investments in the country. In 2001, Investment Law No.360 was enacted to reinforce the organisation's mission, providing a framework for regulating investment activities in Lebanon, and providing local and foreign investors alike with a range of incentives and business support services. In addition to its role as an investment promotion agency, IDAL is entrusted with the active promotion and marketing of Lebanese exports including but not limited to agricultural and agro-industrial products. IDAL enjoys financial and administrative autonomy and reports to the President of the Council of Ministers who exercises a tutorial authority over it. Investment Incentives IDAL provides incentives for investments in key sectors including: Indu ...
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Lebanon
Lebanon ( , ar, لُبْنَان, translit=lubnān, ), officially the Republic of Lebanon () or the Lebanese Republic, is a country in Western Asia. It is located between Syria to Lebanon–Syria border, the north and east and Israel to Blue Line (Lebanon), the south, while Cyprus lies to its west across the Mediterranean Sea; its location at the crossroads of the Mediterranean Basin and the Arabs, Arabian hinterland has contributed to History of Lebanon, its rich history and shaped Culture of Lebanon, a cultural identity of demographics of Lebanon#Religious groups, religious diversity. It is part of the Levant region of the Middle East. Lebanon is home to roughly six million people and covers an area of , making it the List of countries and dependencies by area, second smallest country in continental Asia. The official language of the state is Arabic, while French language, French is also formally recognized; the Lebanese Arabic, Lebanese dialect of Arabic is used alongside Mo ...
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Beirut
Beirut, french: Beyrouth is the capital and largest city of Lebanon. , Greater Beirut has a population of 2.5 million, which makes it the third-largest city in the Levant region. The city is situated on a peninsula at the midpoint of Lebanon's Mediterranean coast. Beirut has been inhabited for more than 5,000 years, and was one of Phoenicia's most prominent city states, making it one of the oldest cities in the world (see Berytus). The first historical mention of Beirut is found in the Amarna letters from the New Kingdom of Egypt, which date to the 14th century BC. Beirut is Lebanon's seat of government and plays a central role in the Lebanese economy, with many banks and corporations based in the city. Beirut is an important seaport for the country and region, and rated a Beta + World City by the Globalization and World Cities Research Network. Beirut was severely damaged by the Lebanese Civil War, the 2006 Lebanon War, and the 2020 massive explosion in the ...
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Investment Promotion Agency
An investment promotion agency (IPA) is most often a government agency (or occasionally a non-profit organization functioning similar to a chamber of commerce A chamber of commerce, or board of trade, is a form of business network. For example, a local organization of businesses whose goal is to further the interests of businesses. Business owners in towns and cities form these local societies to ... or business consulting corporation) whose mission is to attract investment to a country, state, region or city. They do this through the use of marketing activities by creating awareness about a location as an attractive destination for investment Generally, IPAs have four core functions: image building of FDI hosting country, investment generation, project management and aftercare services. While IPAs play an important role in attracting investment to developed countries some IPAs have additional advocacy function. The IPA does this by introducing investors with local supplier ...
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