LIMS Takes Part in The Joint Parliamentary Committee on Special Economic Zones

LIMS Takes Part in The Joint Parliamentary Committee on Special Economic Zones

LIMS, through its president Dr. Patrick Mardini, participated in three meetings organized by the joint parliamentary committee to discussestablishing Special Economic Zones (SEZs) in Lebanon. Meetings included MPs, ministers, representatives from the ministries of Industry, Agriculture, and Finance, representatives from the Tripoli Special Economic Zone (TSEZ), and from the Investment Development Authority of Lebanon (IDAL). More than 20 media outlets reported on these meetings.

LIMS explained that the entire country ought to be a free economic zone given that Lebanon ranks 143rd among 190 countries on the Ease of Doing Business Index, published by the World Bank. The ranking highlights that it is complicated and expensive to start a company or secure the necessary infrastructure services to operate in the country. LIMS then presented a study showing that SEZs are more likely to fail if certain conditions are not met and explained those thoroughly. The TSEZ should serve as a pilot project for other SEZs to come.

Media Exposure: Parliamentarian Sub-Committee Resumes Discussions To Establish And  Organize Economic Zones, April 12, 2021: Lebanon 24, Article AR Parliamentarian Sub-Committee Listens To Remarks Regarding Economic  Zone Laws, April 19, 2021: Lebanon 24, Article AR Laws To Establish Special Economic Zones Still Under Scrutiny, April 26,  2021: NNA, Article AR

Media Exposure – 1st meeting: Lebanon 24, Al Manar, Al Markazia, Al Ahed, MTV, Cedar News, OTV, Al Anbaa, Multies.net, Beirut Time, Daily Beirut, El Nashra, Mustakbal Web, Hona Beirut, El Qarar, Wafaa Magazine, Klyoum, VDL News, Gulf365, LBCI, Lebanon Files, Nidaa Al Watan, Liban Aujourd’hui, Sawt Beirut International, Lebanese Forces, Al Kalima Online

Media Exposure – 2nd meeting: Lebanon 24, El Nashra, Aliwaa, Al Manar, NNA, Ch23, El Qarar, Wafaa Magazine, Al Arabi Press, South LB, MTV, Palestine News, Baldati, Akher Al Akhbar, Al Horria Online, Cedar News

Media Exposure – 3rd meeting: NNA, Nabd, Al Manar, LBCI, Cedar News, Al Ahed, Gulf365, Nidaa Al Watan, El Nashra, IM Lebanon, Al Joumhouria