Loading

What Affects FDI Inflows to Lebanon?

The United Nations Conference on Trade and Development (UNCTAD) mentioned that flows to Lebanon in 2011, were affected by the slowdown in the Lebanese real estate sector,which is the most important recipient of FDI, due to the adverse spillovers of both the global financial crisis and regional unrest. Figures released by the (UNCTAD) show that foreign direct investment (FDI) in Lebanon totaled $3.2bn in 2011, constituting a decrease of 25.2% from $4.3bn in 2010. FDI inflows to Lebanon totaled $4.8bn in 2009, $4.3bn in 2008 and $3.4bn in 2007, as reported by Lebanon This Week, Byblos Bank economic publication.

 

 

 

Lebanon was the third largest recipient of FDI in nominal terms among 19 Arab countries, the sixth largest among the 22 economies of the MENA region, and the fourth largest in West Asia in 2011. Also net FDI inflows to Lebanon totaled $2.3bn in 2011, making the country the third largest destination of net inflows in the Arab world.

Also, Lebanon posted the seventh steepest drop in FDI among Arab coun- tries and in the MENA region last year. Lebanon was one of 10 Arab and MENA countries that saw a fall in FDI inflows in 2011. In comparison, FDI to Arab economies declined by 35.6% year-on-year, contracted by

11.4% to MENA countries and dropped by 16.3% to West Asia; while FDI to developing economies grew by 11% and global FDI rose by 16.5%. In parallel, Lebanon ranked in 10th place globally and was the only Arab economy among the top 10 worldwide on the Inward FDI Attraction Index, while it ranked in 92nd place globally and in 14th place in the Arab world on the Inward FDI Potential Index.


FDI inflows to Lebanon accounted for 8% of total FDI in Arab countries and for 4.4% of inflows to the MENA region in 2011, compared to 6.8% in the Arab world and 5.3% regionally in 2010. They also represented 6.6% of total flows to the 13 countries that form West Asia, 0.5% of FDI inflows to developing countries, and 0.2% of global foreign direct invest- ment in 2011.

 

Photo: Vectorportal

 

 

MORE CLOSER LOOK ARTICLES

Following a new round of qualification, the LCEC...
The Ministry of Energy and Water has launched a...
Following the bidding process launched four...
The renewable energy sector employed 9.8 million...
As part of the national plan launched by the...
·       
At the upcoming International Beirut Energy Forum...
The Italian Ministry for the Environment, Land,...
On Tuesday, 16 May 2017, the contact persons of...
Leading by example, the Ministry of Energy and...
The Lebanese Ministry of Education and Higher...
 In collaboration with the UNDP CEDRO...
The Lebanese sustainable energy market is...
·       
The United Nations Climate Change Conferences are...
Beirut

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.

ECO INITIATIVES

  • 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.

STAY CONNECTED WITH EECOY.COM

 

MOST VISITED ARTICLES

  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...

UPCOMING EVENTS

Member login

Request new password