New Jobs Coming Up. Media City On Agenda.

Job creation has long been hindered by political turmoil and Lebanon’s insecurity dilemma. Consequently, Lebanese job seekers have always suffered from the lack of employment opportunities. Walid Daouk, Minister of Information, gives EECOY more details about the government policy with regard to the topic.


Does the government really set up a strategy outlining how to open job opportunities for youth?


The Investment Development Authority of Lebanon (IDAL)’s main objective is to encourage investments and create job opportunities through granting various types of incentives, (fiscal, administrative, etc).


However, a ministerial committee has recently been created to enhance IDAL’s role in all sectors such as industry, tourism, communications etc. The hospital tourism is one of the main sectors that we are planning to work on. We also aim to expand IDAL’s activities to cover all regions.


As Minister of Information, I have a plan to build a Media City in Lebanon, to become a hub for media organizations including news agencies, broadcast, publishing, advertising, production, studios etc.

This city would offer groundwork for IT infrastructure, coupled with high internet speeds. In Dubai Media City, as we realize, Lebanese young people account for about 80 percent of total number of employees. So, once this plan is achieved in Lebanon, more new jobs could be created to Lebanese graduates.



How to attract foreign investments?


IDAL aims to boost and retain Foreign Direct Investment (FDI). The Council for Development and Reconstruction (CDR) plays a similar role as well.



What are the main institutions that help entrepreneurs start a new job?


Kafalat is a loan guarantee company which provides financial guarantees for loans granted by commercial banks to support the activity of small and medium sized enterprises (SMEs).


Is there any plan to encourage Lebanese youth to join government jobs?


The Civil Service Board which is in charge of employing government employees, regularly offers job opportunities through official exams. As we see, a good number of young Lebanese have always succeeded entrance exams. This matter, however, remains dependent on each region. For instance, Akkar residents are mostly employed in the Lebanese army. In the Iklim area, residents usually move toward government employment. So it’s kind of mentality.



Migration to cities is increasing so much that, by 2050, the UN predicts that approximately two thirds of the world’s population will be living in cities.


  • 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.




  1. Moody’s Investors Service indicated that the high level of Central Bank reserves is...
  2. In 2010, the country’s Gross Domestic Product (GDP) grew by 8 percent. The economic forecast...
  3. The General Labor Confederation (GLC) warned that the increase of the value added tax (VAT) rate...
  4. Finally, the electricity bill law is approved by the Lebanese parliament. A draft law allocates $1....
  5. Will the government raise the minimum wage?A scenario, some experts expect will result in layoffs...


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