PACM inaugurates a popular market in Karantina area of Beirut

The Public Authority for Consumer Markets” (PACM) inaugurated last Saturday a new popular market located in Karantina area near the Beirut port.  The event was attended by a representative of Prime Minister Tammam Salam, Mr. Nihad Mira, who is the state commissioner within PACM, in addition to general directors and representatives of a number of Ministries.  The president and general director of the Cooperative Association, Yasser Thebian, clarified that this market was first inaugurated in 1996 only to be closed after 4 years of operations.  It is now reopened as an initiative in support of public interest and in order to spread popular markets across Lebanon.  To be noted that this market will include 100 shops of 15 square meters each to be rented at a monthly rate of LBP 286,000, a price which includes the cost of utilities and security.  The bylaws of the institution requires users to be Lebanese and to submit identity papers and a request for police clearance for all those who will be using the facility.  The principle role of that public institution is to monitor the quality of all goods without interfering in  pricing which the prerogative of shops holders.
 (Source: As-Safir 22 December 2014)