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TunisiaEBRD and EU support industrial sector in Lebanon
The European Bank for Reconstruction and Development (EBRD) – in collaboration with the Association of Lebanese Industrialists (ALI) – is supporting the development of the Lebanese industrial sector by backing a market study.
Funded by the European Union (EU), the “Lebanese Industrial Sector in 2021” study was conducted using a sample of 700 industrial companies across all sectors and regions in Lebanon between the months of June and November 2021. The study was requested by ALI to identify the issues industrialists are currently facing and to provide an overview of challenges related to exports, technology and production.
Global Studies Consultant, who conducted the survey, also included their recommendations to help enhance the sector’s development and to double its production before 2030. The recommendations include short-term urgent and operational actions, while in the medium and long-term more structural changes are needed that require interventions from different stakeholders.
To date, the Bank has invested more than €775 million in Lebanon with a focus on supporting private sector competitiveness, promoting a sustainable energy supply and enhancing the quality and efficiency of public service delivery.
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