Syrian Business Forum

Lebanon’s Opportunities and Challenges in the Reconstruction of Syria


The destruction of historical Syrian cities has reached unprecedented levels as the Syrian Crisis goes into its sixth year and international actors enter the conflict. Against the backdrop of the special relationship between Lebanon and Syria and their close political, economic, and social ties, IFP organized a specialized forum around Lebanon’s Opportunities and Challenges in the Reconstruction of Syria.

 

This unique conference explored eventual efforts in the reconstruction and development of the Syrian infrastructure, the available possibilities and options to launch construction projects, and Lebanon’s expected role in this context. The conference welcomed the United Nations (UN) organizations involved in the Syrian situation including representatives of the Economic and Social Commission for Western Asia (ESCWA), in addition to a select group of leading architects, contractors, businesspeople, and investors from Lebanon and Syria, as well as Arab and international diplomats and government officials.

 

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Syrian Business Forum 2016 Speakers:

Eng. Neemat Frem - CEO - INDEVCO Group

H.E. Nicolas Nahas

Dr. Khaled Abou Ismail - Chief of Economic Development and Poverty Section - UNESCWA

Dr. Denise Sumpf - First Economic Affairs Officer - UNESCWA

Dr. Nabil Sukar – Owner & Managing Director Syrian Consulting Bureau for Development & Investment

Eng. Maroun Helou – President – The Lebanese Contractors Association

Eng. Khaled Chehab – President – Lebanese Order of Engineers & Architects

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Market Insights
  • More than 30 residential developments will be, or have been, launched in Beirut this year and 170 in Mount Lebanon.

  • Tripoli, Lebanon, is expected to become a “launch pad” for the post-war reconstruction of neighboring Syria.

  • Lebanon: industrial permits issued by the Ministry of Industry increased by 20% in 2015 compared to 2014.

  • Lebanon: 14,985 real estate transactions in Q1 of 2016, valued at USD 2.1 Billion.

  • Lebanon: 200 residential projects launched this year with developers adapting to the needs of buyers.

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