Lebanon’s FDI Inflows Regress. Cautious Forecast
The World Bank estimated foreign direct investment (FDI) in Lebanon at almost $3.96 billion in 2011, posting a decline of 20.5 percent from 2010.
FDI inflows to Lebanon have been on an upward trend over the last years, growing from $3.37 billion in 2007 to $4.98 billion in 2010.
The combined FDI in Lebanon, Egypt, Tunisia, Morocco, and Jordan fell by 39.7 percent to $9.56 billion in 2011. FDI flows to Lebanon accounted for 41.4 percent of the cumulative FDI in these countries last year, relative to a share of 31.4 percent in 2010.
Some analysts, however, anticipate the regional turbulence to weigh heavily on investor confidence in 2012. In their opinion, major investors are expected to delay their projects, likely to take a wait-and-see attitude. HSBC report stated that uncertainties over neighboring countries would weigh on investors’ perceptions in Lebanon this year and add to an already difficult climate, as reported by Lebanon Weekly Monitor, Bank Audi’s economic publication.
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STRATEGIES & PLANS
A fundraising event, entitled Think Green, will be held by Zero Waste ACT for all its business members on September, 10,2013, at WHITE, Dora.
The Green Mind Association invited all Green Mind Award Participants, finalists, runner ups and winners to the GREEN MIND DAY on Jan-16-2013 in Beirut, to create a platform where interested Venture Capital and Potential Investors met with participants.
A green initiative launched by Ashrafieh 2020 project aims to transform Ashrafieh into a tranquil and unpolluted area.Green spaces allow residents to walk and ride bicycles.