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LEBANON |
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The investment promotion agency: IDAL |
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The Investment Development Authority for Lebanon (IDAL) |
IDAL was established in 1994 by a decree from the Lebanese Council of Ministers to spearhead Lebanon's investment promotion efforts. On August 16, 2001, IDAL's role was reinforced by the enactment of the Investment Development Law 360, regulating investment promotion of domestic and foreign entities and striving to stimulate Lebanon's economic and social development as well as enhance its competitiveness.
The IDAL offers a wide range of services whose aim is to promote investments as well as to facilitate, accelerate and simplify the process of their implementation.
IDAL's scope of work entails the following functions:
- Identifying and promoting investment opportunities in Lebanon;
- Disseminating market intelligence about Lebanon, the business, legal and investment frameworks as well as other relevant information;
- Facilitating the registration and issuance of permits and licenses required for any investment project;
- Providing ongoing support for investment projects once established;
- Identifying potential joint venture partners and strategic allies for Lebanese businesses;
- Advising the Lebanese government on investment policy issues |
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For more information, please contact IDAL: |
Investment Development Authority for Lebanon
Presidency of the Council of Ministers
Tour Azarieh, 4th Floor
Rue Emir Bechir, Riad El Solh
Telephone: +961 (1) 983 306/7/8
Fax: +961 (1) 983 302/3
E-mail: invest@idal.com.lb
Website: http://www.idal.com.lb/ |
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