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PANEL 3- MANUFACTURING IN LEBANON- PAUL ABI NASR

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Published by info, 2019-09-13 01:03:13

PANEL 3- MANUFACTURING IN LEBANON- PAUL ABI NASR

PANEL 3- MANUFACTURING IN LEBANON- PAUL ABI NASR

BSEF PANEL 3
THE PRODUCTIVE SECTOR
MANUFACTURING IN LEBANON

Mr. Paul Abi Nasr, Lebanon

August 3rd, 2019 - 10:30-11:40

Together we Strengthen the roots of our youth

The Bkerke Socio-economic Forum is an initiative of
The World Patriarchal Maronite Foundation for Integral Development.

All Rights Reserved



MANUFACTURING IN
LEBANON

Creating jobs while taking advantage of a unique selling proposition

Paul Abi Nasr

Economic Impact

% of GDP Share of Performing loans $ bn

18 8
16 7
14 6
12 5
10 4
3
8 2
6 1
4 0
2
0 2012 2013 2014 2015 2016 2017

Social Impact

% workforce ■ Currently stands at 12% of the total
workforce
15
■ UNIDO study points at 2.2 jobs
10 created in other sectors for every
job created in the manufacturing
sector

5

0 2016 2017
2015

Advanced Production Capacity

Untapped Potential

■ Geographic proximity gives a unique advantage to supply the European market with
short, diversified and ‘just in time’ production runs

■ Cultural and educational make up gives a clear edge in the development phase of a
product or service. The time to market is one of the shortest .

■ Ability to bridge linguistic gaps and product support across three languages.
■ High Quality Engineering cost is one of the lowest in the region
■ Ability to adapt to various standards and production levels
■ Big free production capacity. Current exports = 2.5 $bn ; 2016 = 4.5 $bn
■ Access to an extensive university network for R&D

Invest in Manufacturing

■ According to a recent LCPS study , Lebanon produces 77 out 100 most complex
products -> more value added products

■ Enlarging a company’s product portfolio through a Lebanese manufacturing facility
is environmentally and ethically sustainable .

■ Manufacturing facilities are easy to erect , with most of the technical knowhow
locally available.

■ Access to industrial loans at relatively low interest rates compared to the rest of the
region

■ Exemption from taxes for up to 10 years, exemption from Land Registration fees …
■ High quality of life makes it easy to attract international talent and expertise
■ Tapping into a very wide and diverse diaspora with emotional links to the country.

Investing in your own interest

■ No-Hassle development of new line of products
■ Free-Trade Access to the European Market through the Euro-Med agreement
■ Free-Trade Access to the Arab countries through the Tayssir agreement
■ Free-Trade Access to the North-African Countries through the soon to be ratified

Agadir Agreement
■ Joint Ventures with locally established companies = immediate access to

manufacturing capabilities
■ Sourcing from Lebanon = Easy , Priced properly , High Quality , exempt of customs .

THANK YOU


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