Lebanon: Inward and Outward FDI 4.6 Population (million) 10,400 Area (Km 2 ) 225 Coastline (Km) Limestone, iron ore, salt and a surplus of water in a region suffering from a shortage of water and arable lands Natural resources I – Inward Investments In 2014, Lebanon succeeded in attracting FDIs worth 3070 million dollars according to UNCTAD estimations, which represent 7% of the Arab total for the same year. FDI balances incoming to Lebanon amounted to some 56.8 billion dollars by the end of 2014, which represent 7.2% of the Arab total for the same period. As for Lebanon's activity in terms of new FDIs (greenfield), the FDI Markets database published by the Financial Times for the period from January 2003 to May 2015 shows the following: • 224 FDI projects are being implemented in Lebanon by 199 Arab and foreign companies. It is estimated that the total investment cost of these projects, which employ roughly 41 thousand workers is about $ 14.7 billion. • UAE, Kuwait, KSA, USA, Spain, Canada, Mexico, Luxembourg, France and UK respectively were on the list of the most important countries investing in Lebanon, in terms of investment cost of the projects. The share of UAE, Kuwait and KSA accounted for around 76% of the total. • Arab and foreign investments incoming to Lebanon are concentrated in the real estate sector with a percentage of 48.5%, while 30.6% are in the hotels and tourism sector. • Dubai Islamic Bank came on top of the list of the 10 most important companies investing in Lebanon where it implements 4 projects with an investment cost estimated at 1.9 billion dollars. II – Outward Investments In 2014, Lebanon succeeded in exporting FDIs worth 1893 million dollars according to UNCTAD estimations, which represent 5.7% of the Arab total for the same year. Outward FDI balances from Lebanon amounted to some 12.6 billion dollars by the end of 2014, which represent 5% of the Arab total for the same period. As for Lebanon's investment activity abroad according to the FDI Markets database for the period from January 2003 to May 2015, it was as follows: • The number of Lebanese FDI projects abroad amounted to 159 projects that are being implemented by Lebanese companies. Estimations reveal that the overall investment cost of those projects, which employ some 15.7 thousand workers, is close to 7.2 billion dollars. • Iraq, UAE, Syria, Sudan, Egypt, Jordan, UK, Albania, Turkey and China respectively were on the list of the most important countries receiving Lebanese investments, in terms of investment cost of the projects. The share of Iraq, UAE and Syria accounted for around 72% of the total. • Mike Oil Corporation came on top of list of the most important Lebanese companies investing abroad, as it is implementing a project with an investment cost estimated at 3 billion dollars approximately. 168
4
Embed
Lebanon: Inward and Outward FDI - dhaman.netdhaman.net/wp-content/uploads/2016/02/Lebanon.pdfLebanon: Inward and Outward FDI Population (million) 4.6 Area (Km2) 10,400 Coastline (Km)
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
Transcript
Lebanon: Inward and Outward FDI
4.6 Population (million)
10,400 Area (Km2)
225 Coastline (Km)
Limestone, iron ore, salt and a
surplus of water in a region
suffering from a shortage of
water and arable lands
Natural resources
I – Inward Investments In 2014, Lebanon succeeded in attracting FDIs worth 3070 million dollars according to UNCTAD estimations, which represent 7% of the Arab total for the same year. FDI balances incoming to Lebanon amounted to some 56.8 billion dollars by the end of 2014, which represent 7.2% of the Arab total for the same period. As for Lebanon's activity in terms of new FDIs (greenfield), the FDI Markets database published by the Financial Times for the period from January 2003 to May 2015 shows the following: • 224 FDI projects are being implemented in Lebanon by 199 Arab and foreign companies. It is estimated that the total investment cost of these projects, which employ roughly 41 thousand workers is about $ 14.7 billion. • UAE, Kuwait, KSA, USA, Spain, Canada, Mexico, Luxembourg, France and UK respectively were on the list of the most important countries investing in Lebanon, in terms of investment cost of the projects. The share of UAE, Kuwait and KSA accounted for around 76% of the total. • Arab and foreign investments incoming to Lebanon are concentrated in the real estate sector with a percentage of 48.5%, while 30.6% are in the hotels and tourism sector. • Dubai Islamic Bank came on top of the list of the 10 most important companies investing in Lebanon where it implements 4 projects with an investment cost estimated at 1.9 billion dollars. II – Outward Investments In 2014, Lebanon succeeded in exporting FDIs worth 1893 million dollars according to UNCTAD estimations, which represent 5.7% of the Arab total for the same year. Outward FDI balances from Lebanon amounted to some 12.6 billion dollars by the end of 2014, which represent 5% of the Arab total for the same period. As for Lebanon's investment activity abroad according to the FDI Markets database for the period from January 2003 to May 2015, it was as follows: • The number of Lebanese FDI projects abroad amounted to 159 projects that are being implemented by Lebanese companies. Estimations reveal that the overall investment cost of those projects, which employ some 15.7 thousand workers, is close to 7.2 billion dollars. • Iraq, UAE, Syria, Sudan, Egypt, Jordan, UK, Albania, Turkey and China respectively were on the list of the most important countries receiving Lebanese investments, in terms of investment cost of the projects. The share of Iraq, UAE and Syria accounted for around 72% of the total. • Mike Oil Corporation came on top of list of the most important Lebanese companies investing abroad, as it is implementing a project with an investment cost estimated at 3 billion dollars approximately.
168
Lebanon: FDI Greenfield Projects
Source: Tables and Figures in this page: FDI Intelligence from The Financial Times