IDAL releases its 2012 report and shares its achievement in supporting the agricultural and food processing sectors || Newspapers (Arabic)

Al Nahar published a communiqué released by IDAL in which it shares its achievements in 2012 including the support extended to the agricultural and agro-processing sectors through its Agromap and Agriplus programmes in addition to its support to other investments projects and its provision of incentives and facilities through the one-stop-shop to issue licenses.  IDAL also indicated that it is continuing its efforts to strengthen a general institutional and legal environment that is conducive to business through attracting investments.

According to IDAL’s statistics, its Agriplus programme has succeeded in securing an increase in agricultural exports.  In the first ten months of 2012, Lebanon exported 368 thousand fruits and vegetables thus scoring an 8% increase from 2011.  IDAL also sponsored the agro-processing section of the Gulfood exhibition which was organized at the Dubai international trade centre, from 19 to 22 February 2012, as well as the Lebanese section of the international agro-processing exhibition SIAL which was held in France from 21 to 25 October 2012.  This was part of IDAL’s support to promoting and marketing Lebanese food products.

In this same communiqué, IDAL noted that it processed 35 requests for support through its one-stop-shop involving either the set up of new businesses or expanding existing business in the industry, hotel management and technology sectors.  IDAL perused these 35 requests carefully and selected 11 projects as having met the international standards of investments.  5 of these projects have now been implemented either fully or partially after securing the endorsement of the IDAL Board or the Council of Minister.  Two of these pertain to the Industrial Sector whilst two other relate to tourism and the last one pertained to the IT sector.  These 5 new projects have secured some 717 direct employment opportunities.

Source: Al-Nahar 14 January 2013